![Google announces Google Wallet – Mobile payment system [Video]](http://www.machackpc.com/wp-content/uploads/2011/05/Screen-shot-2011-05-27-at-10.38.59-AM.png)
Google today announced a new product ‘Google Wallet’ that makes your phone your wallet. Google Wallet will allow you to pay for your products using your phone and NFC . Basically, the app stores all your credit card, gift cards, coupons, etc.. The payments are done via PayPass eligible Citi Master Cards or Google prepaid card. Google Wallet is secure. It creates a unique PIN code which will be used to protect your data. All the data...
NFC stands for Near-Field Communication, a technology that can beam and receive information at a distance of up to 4 inches. Previous reports claimed that this technology will be embedded in the next iteration of iPhone & iPad. Now, According to the Independent, Apple has informed their European iPhone carriers that the next-generation iPhone (iPhone 5) will not include Near Field Communication Technology. Apple has decided it will not be including this “wave and pay” system in the iPhone...
Apple is planning to introduce NFC (Near Field Communication) service that would let customers use its iPhone and iPad devices to make purchases. This features is expected to introduced with the Next Gen iPhone and Next Gen iPad . According to Bloomberg “The services are based on “Near-Field Communication,” a technology that can beam and receive information at a distance of up to 4 inches, due to be embedded in the next iteration of the iPhone for AT&T Inc....