Better Near Field Communications (NFC)

Near Field Communications has been implemented in a number of Google's Android based smartphones. It is still not as wide spread as analysts had always predicted but is bound to catch fire, now that Apple is implementing it in the upcoming iPhone 5.

Google Wallet

NFC technology allows commercial transactions to be done wirelessly through mobile devices, without the need for data cards. The phone can be paired (read placed close to each other) or tap products, in order to transfer files, read product information and seal financial transactions.

Google has been running miles to implement Google Wallet app to enable its users do all online mobile financial transaction.

Source: Google