Google plans partnership with VeriFone Systems

Wednesday, 16 March 2011, 23:57 IST
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New York: Google is working on a potential partnership with electronic-payments company VeriFone Systems, as the search giant moves to convince shoppers to use their mobile devices to pay for goods in retail stores, according to a media report. "Google, as part of its goal to allow shoppers to use their mobile devices, rather than physical credit cards, to pay for goods in retail stores, is working on a potential partnership with electronic-payments company VeriFone Systems Inc," The Wall Street Journal reported citing a source. VeriFone makes what are called point-of-sale terminals that stores across the country use to process credit-card payments. As part of the potential tie-up with Google, VeriFone's terminals would be able to accept payments from mobile devices that are embedded with technology called near-field communication, or NFC, the report added. Google's Android mobile-phone software powers hundreds of different types of devices.
Source: PTI
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