Google Walllet Launch Sparks Talk of iPhone 5 NFC Implementation
Long in the works, Google has formally raised the curtain on its Google Wallet service. While the service is only available at the moment for users of the Sprint Nexus S 4G phone, the app is considered to represent a gigantic leap forward in the use of Near Field Communications (NFC) technology in smartphones for the purpose of engaging in mobile payments.
If you're unfamiliar, NFC allows mobile customers pay for items in brick-and-mortar retail shops and businesses by simply waving or tapping their device on a vender's PayPass reader - an increasingly commonplace fixture across the US at a wide variety of business establishments.
Incredibly, however, the launch of Google Walllet has left some people talking more about Apple than Google. Given Google's launch of its new mobile payment service just weeks before Apple is expected to drop the iPhone 5 (although one was apparently already dropped inside of another California bar recently), some are wondering if Google knows something that we don't - specifically, that the 5th generation iPhone will sport NFC technology.
Since the middle of summer, almost all talk of NFC coming to the new iPhone simmered down, quickly erasing speculation that the mobile payment technology will find a home in Apple's slate of mobile devices before year's end. Could Apple have managed to sneak NFC under the radar as the new iPhone is prepared? Absolutely. And if so, Google Wallet will soon have its hands full in dealing with competition from a major NFC-ready smartphone.