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Google Wallet Announced - NFC Payment Service

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Google has come out with their NFC service today, currently only available on the Nexus S, but they plan on expanding it to all future Android phones by requiring NFC chips, and those phones without them may get an NFC "sticker" of sorts in order to allow the technology. http://www.engadget.com/2011/05/26/google-wallet-mobile-payment-service-google-offers-announced/

Here is a neat demo of it in use as well:
[video=youtube;5s9wYEkRAgs]http://www.youtube.com/watch?v=5s9wYEkRAgs[/video]
 
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