Pay-As-You-Go gets a new meaning with Google's New Tap-and-Pay Smartphone

There are two things no one leaves without: their wallet and their mobile phones. Google has found a way to combine two, which means lighter bags for women and slim pockets for men. Eric Schmidt, CEO of Google, took great pleasure in the admirers at the San Francisco Web 2.0 Summit, announcing an "unlisted product" that he paired in front of the audience.

The escape "unnamed product" is a smartphone touchscreen that also serves as a mobile wallet. "You must be able to take these mobile devices that want to do business … Basically, hit everything and always change your credit card. The article says clicking and paying," Schmidt said.

The phone is intended to be successful on the Nexus One smartphone, and according to Schmidt, runs a fresh "Gingerbread" software and is integrated with communication technology for the immediate environment for financial companies. The near field of chips operates by storing personal information that can then be sent to readers by tapping the handset on the pad, hence losing and paying.

When smartphones develop they play an increasingly important role in our lives, we trust them more and they will be even more advanced to meet our growing needs. It is not surprising that they now have business opportunities. The idea, however, is sure to send tremors to their spines who handle such fast-paced technology with care. Many accidents in the past have shown that, despite high-tech safety measures, the storage of personal data is not without risk. And even though Schmidt believes that secure smartphone smartphones will steal fraudsters, the type of data that has to be stored to allow financial activity must definitely make people nervous.

To ensure that the transaction is successfully completed, Google will make use of online payment intermediation. But as we know online systems are fallaible.

However, the new capability is comfortable. And it makes naysayers not good to complain about steady march technology. We need to keep going, that's what humanity is about. But we have to make it intelligent. As Schmidt said, "We learned with Street View and all this you can not speed up these products." Apparently, Google is ultimately not taking its "foolishness" seriously.

"The fact is that society has to deal with all sorts of unpleasant questions … as technology moves on," Schmidt continued, who had also managed to add that there would be no crossing. All this talk about Google's greater responsibility and responsibility.

Source by Phil Smulian

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