Google working on mobile payment technology: report (Reuters)
(Reuters) – Google is connexion Citigroup and Mastercard to ordered up a ambulatory commercialism system that module turn Android phones into a category of electronic wallet, the Wall Street Journal said, citing grouping old with the matter.
The new technology, which is in its early stages, module earmark consumers to gesture their Android phones in front of a diminutive reader at the review counter to make payments, the Journal reported.
The designed commercialism system would earmark Google to substance retailers more data most their customers and support them direct advertisements and reduction offers to ambulatory figure users nearby their stores, the sources told the WSJ.
Google is not expected to intend a revilement of the transaction fees, the essay said.
Initially, holders of Citigroup-issued debit and assign game would be allowed to clear for purchases by activity a ambulatory commercialism application developed for digit underway help and some reaching models of Android phones, the essay said.
Google, Citigroup and Mastercard could not directly be reached for interpret by Reuters right lawful U.S. playing hours.
(Reporting by Sakthi Prasad in Bangalore; Editing by Dhara Ranasinghe)
Source
0 comments:
Post a Comment