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Sprint, MasterCard, Citibank Partner Up For ‘Google Wallet’

May 26, 2011 1 comment

pcmag

Nexus S 4G 150 A Google Partner Event in New York kicks off in a couple hours with all signs pointing to an announcement about a mobile payments platform that’ll let you tap your phone against a card reader to pay for an item, using technologythat has been implemented in Japan for years. But if the groundswell of rumors is to be believed, there’s not much left to announce:

Late Wednesday night This Is My Next unearthed an internal announcement from The Container Store, believed to be a launch partner for Google’s mobile payment platform, dubbed “Google Wallet”:

It sounds like Google has chosen some major “innovative” retailers to kickstart a mobile payment platform that lets customers tap their phones against a contact-less card reader to pay for an item. And it sounds like The Container Store will start using the readers on September 1.

Bloomberg reported Tuesday that Google will use the event to unveil a mobile payment platform on Sprint phones embedded with NFC chips. Customers with these NFC-supported phones, currently limited to Google’s Nexus S 4G (Sprint) and Nexus S (T-Mobile) in the U.S., will be able to tap their devices against an NFC-enabled card reader to make an instant payment. The program will launch in Read more…