Android’s Gingerbread OS & Next-Gen Smartphones To Include 360 Degree NFC Mobile Payment Solution

At the Web 2.0 Summit today, Google CEO Eric Schmidt offered more details into Android 3.0, A.K.A “Gingerbread,” and it’s NFC-based mobile payment solution.  Combined with next-gen smartphones running the new OS, Android is set to become a mobile commerce powerhouse.

With a new “unannounced device” in hand — which is likely the upcoming Samsung “Nexus S” — Schmidt explained the device will come pre-installed with an NFC chip (Near Field Communications) to allow for contactless payments.  Combined with the Gingerbread operating system, users will be able to tap a physical map point to pay with their mobile device in lieu of credit cards or cash.

Schmidt also disclosed that Google will partner with third-party payment processors and continue to look for monetization opportunities through advertising, effectively marking it’s formal entrance into the soon highly-competitive mobile commerce space.  The new technology, which is being called “Bump for Everything,” will be baked into the Gingerbread release slated to come out in a few weeks time.  With Android’s growing prevalence among smartphone buyers, the new hardware/software solution will likely become the first major deployment of a mobile commerce strategy for the masses, though Apple will likely follow suit in its next iteration of the iPhone hardware/software — which is already said to include NFC technology as well.