Global broadband and telecommunications giant Verizon might be looking to monopolize mobile payment platforms, which is why it is not including the Google payments app Google Wallet on its latest smartphone, the Samsung Galaxy Nexus. The Galaxy Nexus has been developed by Google and Samsung, based on the former’s Android operating system. Instead of using…

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Google announced the launch of a new mobile payment system called “Google Wallet” on Thursday. The service lets you store your credit cards inside your smartphone, then use the device to make contact-free payments. All you do is wave your phone in front of a special sensor, and the payment is made. The payment system…

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