The Bloomberg report, citing anonymous sources, says Google will pay for installation of special cash registers from VeriFone Systems that would be required for the mobile-payment service described as accepting payments from mobile phones supported technology called near-field communication (NFC).

BUZZBLOG:  

Google spokesman Nate Tyler did say that Google, which has a payment service known as Google Checkout, does have interest in NFC technology for use with smartphones, pointing out that NFC is supported in the Samsung Nexus S phone.

He added that Google recently began an NFC project in Portland, Ore., in which merchants have begun to for simple informational purposes that could be used with NFC-supporting smartphones. But that did not include mobile payments.

in Network World's Data Center section.