Google appears to be ready to outline its plan to turn smartphones into mobile wallets.
The Web giant is expected to unveil a mobile payments system on Thursday that will operate on select Android-based Sprint phones, according to a Bloomberg report that cited unidentified sources familiar with the matter. Google reportedly plans to introduce the service initially in New York, San Francisco, Los Angeles, Chicago and Washington, D.C.
A Google representative declined to comment on the report.
The service, which will reportedly tap near-field communications technology, would allow users to pay for retail purchases by holding the devices up … Read more