Pay-by-phone technology may be making big moves with Google, Inc. (GOOG).
According to rumors, Google plans to begin testing its new mobile phone-based payment service in New York and San Francisco in the next four months. The system, developed by VeriFone Systems (PAY), will allow mobile phones equipped with near-field-communication (NFC) technology to simply tap the phone against the register to complete the transaction.
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Google: Mobile Payment Service originally appeared on BloggingStocks on Tue, 15 Mar 2011 17:30:00 EST. Please see our terms for use of feeds.
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Stocks were gunning for what would have been a ninth day of a rally. What goes up must come down, eventually. Jobless claims were under 400,000 and at the lowest levels since summer of 2008. There were mixed reports that President Mubarek was stepping down, although a speech late in the day confirmed that he will just still not be running for office but will remain in charge for now. 
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