“We intend to make this an open solution where consumers can use their phone in a variety of physical locations,” McGinnis told Bloomberg. “Because we’re allowing other brands and other institutions to participate, they can also tell their consumers that this is available on Sprint.”
Google is also working on creating an NFC platform said the $50B company last week, they are in talks with Mastercard and CitiGroup. The Google Nexus S has an NFC chip and could be one of the first phones supporting the technology in North America. Stay tuned for Google Bank.