• Home
  • News
  • Coins2Day 500
  • Tech
  • Finance
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Google deploying NFC payment systems this summer

By
Seth Weintraub
Seth Weintraub
Down Arrow Button Icon
By
Seth Weintraub
Seth Weintraub
Down Arrow Button Icon
March 15, 2011, 10:40 AM ET

New York and San Francisco will be the testing grounds for the new technology.

According to a Bloomberg report today, Google (GOOG) will be testing its Near Field Communications (NFC) payment systems in the next four months, in the New York and San Fransisco areas.  NFC payment systems aren’t new.  They’ve been deployed in Japan and other markets for almost a decade.

Google  will pay for installation of thousands of special cash-register systems from VeriFone Systems Inc. (PAY) iPad 2 and iPhone 5 would include NFC hardware.  The iPad 2 tear downs revealed no NFC hardware and reports this week indicate that Apple may forgo NFC hardware on the iPhone 5, likely to be released this summer.

If Apple does skip NFC hardware for another year, it will likely give Google a solid window with which to build infrastructure.  Apple may in fact choose to skip NFC, instead relying on third parties like Square and other vendors which supply hardware including Apple’s own EasyPay iPod touch systems.

Google, however, doesn’t have many NFC devices out in the world.  The most high profile NFC-enabled device Google has is the Nexus S which is only currently available on T-Mobile, the fourth largest carrier in the US.

More devices are likely on the way however and the ability to use a phone as a credit card should get more manufacturers on board.

About the Author
By Seth Weintraub
See full bioRight Arrow Button Icon
Rankings
  • 100 Best Companies
  • Coins2Day 500
  • Global 500
  • Coins2Day 500 Europe
  • Most Powerful Women
  • Future 50
  • World’s Most Admired Companies
  • See All Rankings
Sections
  • Finance
  • Leadership
  • Success
  • Tech
  • Asia
  • Europe
  • Environment
  • Coins2Day Crypto
  • Health
  • Retail
  • Lifestyle
  • Politics
  • Newsletters
  • Magazine
  • Features
  • Commentary
  • Mpw
  • CEO Initiative
  • Conferences
  • Personal Finance
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Coins2Day Brand Studio
  • Coins2Day Analytics
  • Coins2Day Conferences
  • Business Development
About Us
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Coins2Day
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map

© 2025 Coins2Day Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Coins2Day Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.