News is now breaking that Google has partnered with MasterCard and Citi to demo their new NFC-enabled mobile payments solution.
As has long been expected, the solution will initially launch on the Nexus S phone, with a number of other enabled phones being launched shortly, and the Verifone terminals that Google is rolling out in New York and San Francisco.
The most interesting aspect of this story comes from the recently published patent application that Google filed for the software behind their solution. The application describes Google as a third-party broker who receives the customers' shopping cart and coordinates the payment and shipping details.
This contrasts Google with other payment solutions, such as PayPal, that simply receive the payment details between the customer and merchant, and do not have access to detailed, level 3 data. Google have already positioned themselves as the masters of online data, and should they succeed with this venture, they will get access to the holy grail of offline data as well!
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