It’s an exciting time in the payments industry. There are several hundred million people in the U.S. walking around with plastic in their wallets. Developers are now poised to build and launch a wide range of promising new applications to super-charge these cards. Game on!

Google CEO Eric Schmidt said Gingerbread, the upcoming update to Android that will roll out in the next few weeks, will include support for near field communications, making it possible for users to soon tap their phone and use it as a credit card. Android Will Roll Out NFC Support in Gingerbread | GigaOM

Google CEO Eric Schmidt said Gingerbread, the upcoming update to Android that will roll out in the next few weeks, will include support for near field communications, making it possible for users to soon tap their phone and use it as a credit card. Android Will Roll Out NFC Support in Gingerbread | GigaOM