Google announces Google Wallet Another way to spend Money?

Google announced last week that it plans to launch a new service called Google Wallet. Apparently, Google Wallet is to be used by consumers to purchase things with your android equipped phone using a built in NFC (Near Field Communications) chip. Great, so now you can walk into Wal-Mart with just your phone, which is linked to your credit-card (only a MasterCard at the moment) and buy up the shelves of shoes you don’t need. This is yet another way for Google to get your credit-card information. Only the future will tell if this will be another blow to the US economy. Darn, the filthy over spenders!

---Tech-No-Man