Google made good on predictions that it would unveil an NFC mobile payment system at a media event today--sharing details of the new Google Wallet. The idea of completing purchases with a swipe of the smartphone is compelling, but it seems like using your smartphone as a wireless wallet is an invitation for having your credit card data compromised.

Google has partnered with Citibank to include native support for Citicard credit cards, but Google was smart enough not to paint Google Wallet into a corner with just one card. Google Wallet also include a Google payment option that can be pre-filled using funds from any credit card.

So, you put all of your credit card data into the Google Wallet one way or another, then you are all set. Leave your wallet at home. This is 2011 and now you can just make purchases with a tap of your smartphone.

More: http://www.pcworld.com/businesscenter/article/228801/

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