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May 26, 2011 10:05 pm

Google Wallet: the End of Anonymous Shopping

jfruhlinger writes "Google today announced Google Wallet, an NFC-base payment system that will allow people to pay for purchases just by waving their phone across a reader. It's the beginning of a future where commercial transactions are 'frictionless' and convenient — but it's a future where every transaction can be tracked and data-mined, as Dan Tynan points out. Stores can user information about your Doritos purchases to rearrange their wares; Google could push coupons via its new Google Offers service; your health insurance company might be interested in your sodium intake."

Read more of this story at Slashdot.



Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/WR35gkojrUw/Google-Wallet-the-End-of-Anonymous-Shopping

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