WSJ: Google teams with MasterCard and Citigroup for NFC payments, also files patent app

WSJ: Google teams with MasterCard and Citigroup for NFC payments, also files patent app

Ever since the Nexus S and its nifty little NFC chip hit the market, there's been speculation that El Goog was planning a foray into the mobile payment arena currently occupied by the likes of Charge Anywhere. Now, it looks like that plan may be in high gear, as the Wall Street Journal reports that Google's secretly partnered with MasterCard and Citigroup to test out just such a system. According to the publication, the early demo pairs "one current model and many coming models of Android phones" with existing Citigroup-sponsored credit and debit cards, and is using the phones' NFC chips with those VeriFone readers we recently heard about.

WSJ: Google teams with MasterCard and Citigroup for NFC payments, also files patent app

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