Google Buys Zetawire Mobile Payment Company
Now One probable reason why Google acquired Zetawire was actually related to a patent they owned which is titled It’s all of services like mobile banking, advertising, identity management, credit card and mobile coupon transaction processing”.
when it comes to mobile payments and NFC in that it contains all is required to actually do something like this.
Zetawire was actually purchased back in August . It seems like Google was planning ahead of the Nexus S launch, it is the main reasion to acquires a zetwire with that device containing the necessary NFC chip to use for mobile payments.