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Android Smartphones to Become Big Fat Credit Cards

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http://www.linuxinsider.com – Google will enable contactless shopping with a smartphone in its Android 2.3 "Gingerbread" operating system, which is due to be released in a few weeks, Google CEO Eric Schmidt said Monday at the Web 2.0 Summit in San Francisco. In a discussion about new features Google is working on, Schmidt mentioned the inclusion of a special chip that could replace a credit card when consumers pay for goods and services. The system would utilize Near Field Communication technology. (General)