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Friday, 03/02/2012 9:27:33 AM

Friday, March 02, 2012 9:27:33 AM

Post# of 249525
The Turf Battles over NFC Continue....


News Alert
from The Wall Street Journal


Wal-Mart and Target are among roughly two dozen retailers working together to develop a mobile-payments system to compete with similar products from Google and big cellphone companies.


The push represents an effort by frustrated merchants to get the upper hand in the fast-developing market that turns cellphones into payment devices. The race pits the retailers against banks, credit-card networks, telecommunications firms and technology companies.


http://online.wsj.com/article/SB10001424052970204571404577255261085314318.html?mod=djemalertNEWS
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