Ben Lee on the Mobile Wallet

Mobile retailing guru Ben Lee has written a very interesting blog article on Google's new mobile payment platform.  Some of the most interesting points are as follows:

• Google’s next version of its Android Smartphone software will support a technology that lets people use their handsets, instead of credit cards.
• Google CEO Eric Schmitt said that support for Near Field Communications will be integrated into the next version of its Android software.
• Three of the four largest mobile phone carriers in the U.S. have formed a joint venture to turn phones into digital wallets.
• Many mobile application developers will incorporate this new functionality into mobile retailing applications.