Google to Test Mobile Payment System in NYC, San Francisco
Last year, we reported that AT&T and Verizon would test a mobile payment system, but the technology still hasn't really taken off. If this latest report is true, Google's entrance into the mobile payment arena should be a kick in the butt to other companies that hope to be on the forefront of changing the way we buy stuff. In the end, though, they'll still need customers who are willing to trust in a new technology that has potential security risks. New York and San Francisco are good places to start, but the real test would be expanding beyond those markets.