Google's Nexus S to use NFC techology to work like debit card

Posted by Liam Britten

Credit cards, and increasingly, debit cards, are using RFID chips for tap-and-pay transactions more and more. So, is it any surprise that Google’s next phone will have such technology built into its handset?

The successor to the Nexus One phone, Nexus S, will have a chip for communication with debit terminals, said Google chief executive Eric Schmidt, and will boast better security than debit or credit cards. An online payment processing system will process transactions, he said, and also mentioned how useful such a product would be for the growing number of location-based apps that tell consumers where to find products and for how much.

From Agence France-Presse:

"I have here an unannounced product that I carry around with me," Schmidt said while pulling a touch-screen smartphone from a jacket pocket during an on-stage chat at a Web 2.0 Summit in San Francisco.

"You will be able to take these mobile devices that will be able to do commerce," he continued. "Essentially, bump for everything and eventually replace credit cards. In the industry it is referred to as tap-and-pay."

The near-field chips store personal data that can be transmitted to readers, say at a shop checkout stand, by tapping a handset on a pad.

Schmidt hid markings that might reveal which company made the mobile phone, and playfully stuck with referring to it only as an unannounced product.

A cryptic product debut (semi-debut?) from Google indeed. I can see how such phones with RFID chips would be useful, but do you really want to use your handset for purchases? Considering how flaky some Wi-Fi security is, and how Google has been loose with personal information in the past, how secure is this really?

Would you ever consider using a handset as a debit card? Why or why not? Let us know what you think in the comments section.

Company:
Google
Website:
http://www.google.com
Location:
Waterloo, Ontario, Canada

Google's mission is to organize the world's information and make it universally accessible and useful. As a first step to fulfilling that mission, Google's founders Larry Page and Sergey Brin developed a new approach to online search that took root in a Stanford University dorm room and quickly spread to information seekers around the globe. Google is now widely recognized as the world's largest search engine --... more


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Liam Britten

Liam Britten

Liam Britten is a writer and editor with a journalism background operating out of Vancouver. In addition to his work at Techvibes, he has been published in student publications across Canada, as well as local newspapers such as The MapleRidge-Pitt Meadows TIMES and The Langley Advance. An aficionado for the finer things in life — such as video games and sports — Liam is plugged into the tech... more



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