Google presents Google Wallet

Google launched ‘Wallet’, an application that allows to paid merchandise by mobile phone. ‘Google Wallet’ runs from Monday in the Nexus S Sprint 4G mobile.

The application allows people to pay with credit cards or prepaid cards sold by Google. The company’s goal is that all payments can be made through this device, so that users can say goodbye to their traditional portfolios. The company has also posted a video that shows the ‘first customer’ of the new device.

This electronic portfolio is based on wireless communication technology applied to proximity NFC phones Android operating system and payment terminals installed in stores. The United States has more than 300,000 points of sale authorized to use the application.