Google advances on mobile payment system, makes partnerships with MasterCard, Citigroup

Monday, March 28, 2011 - 13:31 in Mathematics & Economics

(PhysOrg.com) -- Google is making some new friends in the world of finance. They have announced partnerships with both MasterCard and Citigroup, that will allow users of Android-based phones to go shopping and pay with their smartphones at the register. Rumors about Google's exploration of near-field technology for payment processing have been floating around for some time now, but we finally have some specifics to drool over.

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