Mobile Phone Credit Card Will Launch

This summer Google will launch Google Wallet, a new credit card mobile service. Partners of the initiative are Citigroup, MasterCard, First Data (company that provides mobile payment solutions) and the US operator Sprint.

Stephanie Tilenius as explained during the presentation broadcast via streaming to New York, Google wants to build the next generation of mobile commerce.

The wallet  is an application for smartphones with Google OS, Android and chip Nfc (near field communication technology that short distance wireless connectivity offers two directions).

The user can just bring your phone to a specific Terminal sales enabled. At the same time, Google is also going to submit based on buying habits and the location of the customer-oriented listings.

But the idea did not like PayPal: the site of online payments has sued the company in Mountain View, accusing her of having stolen trade secrets that may have been used to architecture to use the phone as a credit card.

28-page document, submitted to the Court of San Jose, California, accusing the company and Osama and Stephanie Tilenius Bédier, two former employees of PayPal that now Google works: they passed to the giant Internet confidential information relating specifically to the technology used for online payments.