Google plans to support Android phones with near-field communications chips in the next version of Android, which CEO Eric Schmidt said today would arrive in the next few weeks.
Near-field communications chips allow for fast short-range wireless transmissions, and credit card companies believe that those transmissions are actually more secure than the mag-stripe technology on your current credit cards, Schmidt said in a discussion with reporters following his discussion with Web 2.0 Summit hosts Tim O'Reilly and John Battelle. Credit cards aren't going away for quite some time, but Google is interested in getting the technology out in front of developers in order to see what happens, he said.
http://www.neoteccomputer.com
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