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Google Planning Mobile Payment Launch This Week

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May 24, 2011, 1:20 PM by Eric M. Zeman

According to informed sources cited by Bloomberg, Google plans to announce a new mobile payment service at an event in new York City on Thursday, May 26. Bloomberg reports that the service will first be available to Sprint customers using the Samsung Nexus S 4G. The service will make use of the Nexus S 4G's support for near-field communications in order to help consumers make mobile payments at participating retailers. The service will first be available in New York, San Francisco, Los Angeles, Chicago and Washington, D.C., though at what retail locations, Bloomberg didn't say. Sprint has previously announced that it is looking to deploy NFC-based mobile payments with select hardware makers. Sprint is taking a different path from its major competitors, AT&T, T-Mobile and Verizon Wireless, which are teaming with Visa for a mobile payment system. Phone Scoop can corroborate that it has been invited by Google to attend a press conference in New York on May 26.

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