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Google planning NFC payment trial in New York and San Francisco?

Google is planning to begin an NFC mobile payments trial in stores in New York and San Francisco within the next four months, according to “two people familiar with the project,” Bloomberg reports:

The company will pay for installation of thousands of special cash-register systems from VeriFone Systems Inc. (PAY) at merchant locations, said one of the people, who requested anonymity because Google’s plans haven’t been made public. The registers would accept payments from mobile phones equipped with so-called near-field-communication technology.

The project would put Google in a growing field of companies experimenting with NFC, which lets consumers pay for products and services by tapping a device against a register at checkout, giving them an alternative to cash or physical credit cards. The Google service may combine a consumer’s financial account information, gift-card balances, store loyalty cards and coupon subscriptions on a single NFC chip on a phone.

Both Google and Verifone have declined to confirm or deny the rumour.

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