<< Google Wallet is a key part of our ongoing effort to improve shopping for both businesses and consumers. It’s aimed at making it easier for you to pay for and save on the goods you want, while giving merchants more ways to offer coupons and loyalty programs to customers, as well as bridging the gap between online and offline commerce.

Because Google Wallet is a mobile app, it will do more than a regular wallet ever could. You'll be able to store your credit cards, offers, loyalty cards and giftcards, but without the bulk. When you tap to pay, your phone will also automatically redeem offers and earn loyalty points for you. Someday, even things like boarding passes, tickets, ID and keys could be stored in Google Wallet. >>

http://3.bp.blogspot.com/-k9sg9FZb2nQ/Td5mE1WHWhI/AAAAAAAAAKU/eIUB6GzuZKo/s400/g_wallet_vision.jpg

http://googleblog.blogspot.com/2011/05/coming-soon-make-your-phone-your-wallet.html

http://www.google.com/wallet

Special Stickers Will Bring Google Wallet To Android Phones That Lack NFC: http://techcrunch.com/2011/05/26/special-stickers-will-bring-google-wallet-to-android-phones-that-lack-nfc/

YouTube video ID DiZAV6sIzzog ?

http://www.youtube.com/watch?v=am8t6iZ7up0

You have been warned, it's 1:02:05...