Google Wallet announcement coming tomorrow

The long discussed launch of Google’s own NFC (Near Field Communications) payment solution is likely to happen tomorrow, according to Bloomberg and Joshua Topolski. Five cities: New York, Los Angeles, San Francisco, Chicago, and Washington D.C. will first see the swipe-to-pay system in place. A number of Sprint, Citibank, Mastercard and VeriFone, as well as retailers, are reportedly on board. Existing Mastercard PayPass terminals will accept payments, likely first made with Google’s Nexus S.

Via Bloomberg

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