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Saturday, May 21, 2011

Why the mobile payments frenzy doesn't matter

The blogosphere has been in a frenzy around mobile payments for several weeks now -- and I can't figure out why. It all started in December when Google said it would add near-field communications (NFC) short-range radio technology to the Android platform, which would let the phone act as a contactless key card, used for building locks and -- what got people's attention -- payment terminals.

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