Google partnering with credit card companies

Taking into account the fact that such companies as RIM and Google start their way to the near-field communication more common in the mobile sphere, the tech is not that widespread at this point. In accordance with a report from The Wall Street Journal, there is some evidence that the company will change that very soon. Some �people familiar with the matter� have mentioned that �Google is teaming up with MasterCard and Citigroup to create a system for Android users� in order to make payments with their mobile devices with an embedded NFC chip. As far as we know, the system is going to work only with the Nexus S primarily, despite the fact that it will finally become available in a couple of future Android devices. If the sources to be believed, Verifone will provide the mobile payment terminals to businesses, and when you wave your NFC-enabled phone at the terminal, the payment would take place.