New York – Google (NASD: GOOG) plans to introduce a new mobile payments service this week, which will initially be available on Android phones offered by carrier Sprint Nextel (NYSE: S), Bloomberg reported, citing three people familiar with the matter.
The service will allow Android phone-owning Sprint subscribers to pay for goods and services with their phones via near-field-communication (NFC) software and hardware from VeriFone Systems and ViVOtech.
Google is expected to launch the mobile payments service in New York, San Francisco, Los Angeles, Chicago and Washington D.C.
The company has invited journalists to a press event in New York City tomorrow.
Related Links:
http://tinyurl.com/42ost7o (Bloomberg)
