Great article on Google Announcement from PaymentSource

Is Google’s Mobile Wallet a Chance For Redemption In Payments?

PaymentsSource | Thursday, May 26, 2011

By Sean Sposito and Andrew Johnson

This story was updated from its original version.

Google Inc.’s unveiling of a mobile wallet May 26 is the company’s second chance to establish itself as a major name in payments.

The new mobile payments system will work using smartphones with an embedded (read more…)