Google said Thursday, Google, MasterCard, Citigroup, Sprint, and transaction processing companies - the United States, First Data (First Data) will join forces this summer in New York and San Francisco launch of the service.
The service will work with Visa and other large U.S. banks and mobile phone company plans to compete in the Asian part of consumers have used payment system similar to the smart phone.
Every time consumers use credit or debit card payment, the merchant must pay a fee to the bank, but Google said the new mobile payment system will not be charged such fees.
Google's payment system will be installed in the Andrew (Android) an operating system, application software on the phone, with MasterCard's PayPass payment system to complete payment.
Google has with Macy's (Macy's) (MN: Quote), American Eagle Clothing Company (AEO.N: Quote) and Subway (Subway) signed a cooperation agreement to launch customer loyalty programs and discount offers.
Google also intends to separate from Thursday called Google Offers a discount to extract a small amount of income activities.
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