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Information Week reports that "the newest version of Google Wallet now sports a feature that makes paying with a cellphone that much more a reality for non-techie users. Google has launched a cloud-based version of Wallet that 'supports all credit and debit cards from Visa, MasterCard, American Express, and Discover," according to a post on the Google Commerce blog'."

Google Wallet is described as "a payment system that allows both online and in-store payments" that competes with PayPal, though it has not gotten a lot of traction yet. However, a number of retailers reportedly have signed up to be part of the Google Wallet system, including Macy's, Bloomingdale's, Foot Locker, OfficeMax, Toys R Us, CVS, Sunoco, and Radio Shack.
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