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Google Wallet coming to UK in 2012

Google is set to launch its Near Field Communication technology in the UK in 2012, with the search engine giant hoping to launch the Google Wallet app in time for the London Olympics.

Near Field Communication is set to be the breakout technology of 2012, as more and more smartphones start to come with the technology as standard.

Near Field Communication (NFC) is basically a way of using your smartphone to pay for goods or services by simply waving it in front of a sensor at the till.

NFC has been around for a while, but is yet to properly catch on in a commercial sense. It is not surprising, given that most retailers don’t offer the service.

But it is the same with any piece of new technology. Smartphones were once the preserve of the more affluent among us, but now over 40% of mobile users in the UK have access to internet on-the-go.

But NFC will probably be a little longer on the uptake, as consumers are rightly concerned over the security issues that come with the technology.

Google Wallet coming to UK

But the technology has been available in the US for a while now, with Google launching Wallet back in May this year.

“Google Wallet is a key part of our ongoing effort to improve shopping for both businesses and consumers,” Google said on its blog.

“It’s aimed at making it easier for you to pay for and save on the goods you want, while giving merchants more ways to offer coupons and loyalty programs to customers, as well as bridging the gap between online and offline commerce.”

With the Olympics just around the corner, Google Wallet looks set to come to the UK in the first half of 2012. The closest we have here in Britain at the moment is Barclaycard’s contactless credit card, which can only be used at a fairly limited number of retailers.

But with millions of people descending on the UK this summer, banks and retailers will be keen to make paying for things as easy as possible.