Who Needs Money When You Have Google Wallet!

A new service from Google enables retail purchases by smartphone. 

Google introduced Google Wallet yesterday exclusive to its Nexus S smartphone.  Google Wallet allows customers to make credit card purchases by tapping the smartphone on a payment terminal.  Google is testing the service in New York and San Francisco.  As its start, Google Wallet is exclusive to Citi Bank Mastercard purchases at Macy’s, Walgreens, Subway and some other retailers.

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