Android Phone will be your money

Visa is not only working with Google Android though. designs are in place for Nokia’s new 6212 phone to have payment processing capabilities next year. The technology will permit mobile devices to be used like credit cards, effectively placing your wallet into your phone.

Visa are developing an application for the Google Android mobile platform that will enable mobile users to pay for goods and services using their phone as well as receive information about activity on their bank accounts.

This is lucrative for Visa because they will be able to target users with various offers based on previous purchases. Visa is looking to the long term. With over 3 billion mobile devices being used around the world at the moment and this number only set to increase, the payment processing giant is looking to make sure they aren't only part of, but lead this technology shift that is already happening.

By working with Google on the Android platform Visa will be able to use existing location based technology that Google already have to determine where a mobile user is located and then direct them to retailers where they can use Visa and take up any Visa offers they might have.

This is also nice news for Google and Android as it is another selling point for the platform in such a competitive market. Android needs to keep up with Nokia, they already have a significant mobile market share and lots of mobile infrastructure and expertise to hit the ground walking with any new developments they introduce. Google does not yet have that yet in the mobile market and market share might be slow to build. The news that Visa is developing this application can only enhance Google Android’s standing.

Google Android: 1.5 Million Have Been Pre-sold

All of those extra G1s sold out too! The number of pre-orders sold out combine to be about 1.5 million units. These orders do not include retail sales. & the holiday season has not even started yet. Google is definitely on the right track to compete for the mobile gizmo market.

Whoever thought Google Inc. (NASDAQ:GOOG) would not give Apple Inc. (NASDAQ:AAPL) a run for it’s money when it comes to mobile handsets was wrong. Later this month, Google will be releasing it’s Android operating technique on the T-Mobile HTC G1 phone. All of the preorders sold out, so T-Mobile tripled their original request order from HTC.

Google Android Market is superior for developers than the App Store for four simple reason: the revenue sharing agreement allows developers to keep all of their application sales money. The Apple App Store keeps 30%.

Fool.com points out that Google’s release on first impression must be flawless, otherwise customers may find themselves wanting to switch to an iPhone without looking back. Google is working closely with T-Mobile & other hardware suppliers to make sure that the launch is flawless. Google Android will be connected to an application store called Android Market. Applications will be built around the G1 features such as WiFi- sliding keyboard, touchscreen, Wi-Fi, Bluetooth, & 3G speeds.

The first impression is always crucial, but sometimes things could go awry. Apple had a rocky start on the day of launch for the iPhone 3G. Servers kept crashing which caused the lines of customers to keep growing. However, that event did not hinder the sales of the iPhone 3G - as I had reported earlier Apple has manufactured 10 million iPhones thus far to meet consumer demand.