Google, Sprint Join Mobile-Payments Arms Race
![Sprint and Google Voice](http://www.wired.com/images_blogs/epicenter/2011/03/Screen-shot-2011-03-20-at-9.30.55-PM.png)
Google had scheduled a press conference Thursday in New York. On Tuesday, company officials declined to elaborate on the announcement or comment on the Bloomberg report.
The report comes one day after Twitter co-founder Jack Dorsey unveiled Square Register, which will allow merchants to manage inventory and run analytics against their sales — without expensive equipment and high fees. Last week, financial services giant Visa announced plans for a digital wallet based on NFC.
NFC-fans believe the technology will become the standard format for mobile payments. Google’s plan to begin testing its own mobile-payments system was reported months ago, and will install thousands of NFC units made by VeriFone Systems at merchant locations in New York and San Francisco.
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