Google to announce “Google Wallet” Plans

Today, Google is scheduled to officially announce their mobile wallet concept dubbed,  “Google Wallet.”  As reported by Cnet in a leaked internal memo from The Container Store.  STAY TUNED FOR MORE COVERAGE.

“…this summer Google will launch a test of “contactless” payment through a mobile device–so customers will be able to just tap a special device and pay with their phone in stores at POS! And this Thursday, Google will announce all of the innovative retailers who will be participating in their test–and guess who is on that list? You got it right! We are! And how cool that Google thought of us, The Container Store!”

Google reportedly plans to introduce the service initially in New York, San Francisco, Los Angeles, Chicago and Washington, D.C., as well as partnering with MasterCard and Citigroup to allow the financial giants’ customers to use their debit and credit cards to pay for purchase from their Android smartphones.

Via Cnet

Read more: http://news.cnet.com/8301-1023_3-20066282-93.html#ixzz1NTAyECBG

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