Google Wallet and Offers Announced, NFC Payments are the Future

Google is on stage in NYC and just announced their Google Wallet and Offers services.  We’re watching it right here.  

• Google Wallet and Offers combined, allows you to purchase goods from groceries stores, clothing shops, etc. all without ever swiping a physical credit card.  All of your information is stored securely on your phone and then transacted using the built-in NFC chip.
• The first partners are Citi, Mastercard, First Data and Sprint.
• First retail partners are Macy’s, American Eagle, Subway, Noah’s Bagel, and more.
• The first cities are New York, San Francisco, Los Angeles, Chicago and Washington, D.C.
• Not launching until this summer on the Nexus S 4G.
• The app:

• And Google Offers (starting in Portland and NYC):

• A walk-through of the Wallet app:

• Google Wallet site is live.
• You can shop for items online, find an offer and send those directly to your Wallet app:

• You can even include all of your rewards cards from retailers:

• They demoed a transaction at American Eagle – signatures are still required.  No wallet though!
• Talking heads up now…
• Who wants a Nexus S 4G?

Developing…