Monday, March 28, 2011

Google enters Mobile Wallet Business



REPUBLIKA.CO.ID, JAKARTA - Google is now joined with Citigroup and MasterCard to develop mobile payments systems, such as changing the Android mobile phone into a kind of electronic wallet.


New technologies are still in early development stage it is intended to replace the use of credit cards with smart phones like Android. In time people just need to bring his cell phone with an electronic scanner to make a payment at the checkout when shopping.


Furthermore, if the system is realized, Google could share more data about their customers to the retail companies that could utilize that data, segmentation, advertising or other promotional type.


Nevertheless, the review by Reuters, Google did not expect to get paid for every transaction that occurs.


In the third joint plan of that company, the credit or debit card holders will be allowed Citigroup to pay by enabling mobile payment applications on their Android-based phone.


Source: img ROBERT GALBRAITH / REUTERS,
http://techland.time.com/2011/03/28/google-plans-to-turn-your-android-phone-into-an-electronic-wallet/
http://www.republika.co.id/berita/trendtek/internet/11/03/28/lirshi-google-rambah-bisnis-mobile-wallet

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