Coming soon: make your phone your wallet - Official Google Mobile Blog - http://googlemobile.blogspot.com/2011...
Today in our New York City office, along with Citi, MasterCard, First Data and Sprint, we gave a demo of Google Wallet, an app that will make your phone your wallet. You’ll be able to tap, pay and save using your phone and near field communication (NFC). We’re field testing Google Wallet now and plan to release it soon. - Bo Stern