Google continuing work on NFC payments

When Google first released the Nexus S with NFC compatibility, it was obvious the company was looking to cash in on the payment Market by using near field communications. According to the Wall Street Journal, that vision is becoming more of a reality thanks to secret partnership with Google, MasterCard, and Citigroup.

Google is rumored to be testing NFC payments with some nifty VeriFone NFC readers the company has had their hands on in the past. By using Citigroup branded debit and credit cards with the readers, Google is getting a good look at how real life NFC payments could work — But that’s not all. Google has also filed a patent application for software that power transactions using NFC. Essentially, Google wants to be the middle-man when it comes to using your phone as a credit card.

What do you think, would you use your Nexus S or future Android device as your credit card? Let us know in the comments below.

Via Engadget

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