Mastercard stories
The internet giant is reported to be working with Mastercard to create a system that turns Android phones into electronic wallets.
MasterCard and ANZ bank are trialling NFC technology in New Zealand, enabling mobile payments up to NZD $80 using PayPass stickers or microSD cards.
Google Wallet, Google's new NFC-based payment system in partnership with MasterCard, signals the imminent rise of NFC technology in everyday transactions.