Google has sent out invitations to the media for a special event being held in New York City, but what is the event for? Bloomberg seems to have hit the nail on the head, however, and is reporting that Google will be unveiling a mobile-payment service that will allow consumers to pay for goods and services using their Android handset. According to the report, we’re talking about NFC-enabled devices on Sprint’s network.
This technology, Near-Field Communication (NFC), is something that Google has already built into the Samsung Nexus S but the idea here, hopefully, is to expand the availability and turn the NFC capabilities into a payment option. The service is purported to be rolling out first in New York, San Francisco, Los Angeles, Chicago and Washington, D.C. according to sources close to the project.
Naturally, Sprint and Google have declined to comment on the rumors. AT&T and Apple, Inc are both also working on rolling out an NFC-payment system so one way or another, this is going to be something we’re going to see a lot of in the future of the mobile industry.