[youtube]http://www.youtube.com/watch?v=gZGoXvzW4WU[/youtube]
After the launch of Google Music 2 weeks ago, today we have Google Wallet, the first system of mobile payments through NFC launched by Google. As the name suggests, the new service is basically an extension of the user's wallet that will be able to make payments directly from the phone by simply bringing it close to an NFC payment point. This technology allows the payment of receipts at any stores that have the system implemented and everything is done using a special application and of course the NFC incorporated for now only in the Nexus S. Google says that the technology also works with certain NFC stickers but too much about this will not i can say now
You'll be able to tap, pay and save using your phone and near field communication (NFC). We're field testing Google Wallet now and plan to release it soon.
Google Wallet is a key part of our ongoing effort to improve shopping for both businesses and consumers. It's aimed at making it easier for you to pay for and save on the goods you want, while giving merchants more ways to offer coupons and loyalty programs to customers, as well as bridging the gap between online and offline commerce.
Google got ahead of Apple by implementing this system, but I suspect that we will soon see something similar from the company from Cupertino. In essence, the system is very good, very useful, but of course it will only be available in a few cities in the US for now and it will only work on Android terminals. I couldn't say that I wouldn't like to be able to use such a system on the iPhone, but the reality is that in Romania, an NFC payment system is still far from being implemented.
UPDATED: Here's a hands-on with the people from This is my next.
[youtube]http://www.youtube.com/watch?v=WmVoSAGiMJU[/youtube]
