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Virtual wallet

Now you can use your smartphones to pay at shops as easily as you use a credit card.

india Updated: May 28, 2011 01:40 IST

Now you can use your smartphones to pay at shops as easily as you use a credit card. Google has launched a mobile payment platform that allows this. Its latest Nexus S smartphone with NFC chips turns the device into virtual wallets, allowing users to ‘tap and pay’ for financial transactions. Who knows smartphones could easily replace credit cards in the future.