Google wants to turn your smartphone into a wallet

Wednesday, August 10, 2011 - 13:30 in Mathematics & Economics

In a Mountain View convenience store, Marc Freed-Finnegan carries a bottle of water up to the cashier, who scans it and announces the price. Freed-Finnegan touches his smartphone to a gray plastic sensor labeled "PayPass," and "Information Sent" appears on his phone's screen, with a MasterCard image and a few digits of his card number.

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