The Goole Mobile will Become the Portable Wallet Instead of Credit Card

According to the news of Nov, 16, The CEO of google said on Mondy that the new google phone with buit-in chip will become the virtual wallet. The new Tap-and-Pay mobile phone will become the new choice of the consumers.
The CEO Schmidt pointed out that the new Nexus One smartphone will run Gingerbread software. The phone is also with built-in short distance communication chip for financial transaction.
On the Web 2.0 conference in San Francisco, Schmidt took out a touch phone from the jacket pocket and turned to the participants, “I bring a product which hasn’t been published today.” He continued, “You can do business with the phone.” He stressed, “The new phone basically can solve any problem and replace the credit card finally.” In the field, people can the new payment method “Tap-and-Pay“.
In the checkout exit of the store, the user only needs to move the phone and the reader can transmit the personal data saved on the built-in chip.
Previously, the Nexus One mobile phone cooperated by google and HTC is published in January. Google entered into the rising smartphone market.
In America, the mobile phone is usually sold with the specific wireless operators. For example, the iPhone is cooperated with AT&T. But Google didn’t cooperated with any operators when sell the Nexus One. The google finally gave up the strategy of the network selling and turned to the real shop selling.
About the future of the smartphone, Schmidt stressed, “I think people haven’t learn how powerful the smartphone is. This is a really good day for mobile.”

Moreinformation: http://www.chinazrh.com/blog/