Consumers will be able topay for an item using a creditcard or gift card, redeem promotions and earn loyalty points-all with a single tap of their Google Wallet.
The New York Times magazine had a piece this weekend on the increasingly sophisticated techniques that creditcard companies are usingto identify those who can pay their debts.
"We think that if a person is having trouble paying off their creditcard balances, then they do need to stop using them, that they do need topay down their balances and start to manage them wisely, " he said.