Amazon Exploring NFC-based Mobile-Payment Service for Handsets

From Apple, to Google to Microsoft, and now Amazon, the online retail giant is working on a service that would link mobile phones to cash registers, allowing shoppers to purchase products through their Amazon accounts.Amazon Payments unit is considering a service that would be based on near-field communication (NFC) technology, Bloomberg reported. "NFC lets devices […]

From Apple, to Google to Microsoft, and now Amazon, the online retail giant is working on a service that would link mobile phones to cash registers, allowing shoppers to purchase products through their Amazon accounts.

Amazon Payments unit is considering a service that would be based on near-field communication (NFC) technology, Bloomberg reported. "NFC lets devices transmit data such as payment information, loyalty points and coupons by tapping them against specially equipped cash registers."

Amazon's plans come a day after Microsoft was said to be working on the same technology to allow shoppers to pay for groceries and other purchases by waving their Windows Phone device at the checkout counter.

The smartphone-payment option would up Amazon up against Google, which in December made mobile purchases possible with Android for mobile devices.

Amazon has been pushing to become one of the biggest players in mobile commerce for months. On March 22, Amazon opened the Amazon Appstore for Android, which sells applications for mobile devices based on Google's Android operating system. Earlier this week, the retailer unveiled a music-streaming service that works on Android smartphones.

[Via: Bloomberg]