Fool financial analysts Matt Koppenheffer and Patrick Morris got a chance to listen to Ariel Bardin, VP of product management and payments at Google (NASDAQ: GOOGL ) , give a keynote speech at this year's Transact conference on the payments business, held in Las Vegas, Nevada.
In this segment from Where the Money Is, the guys give some of the key takeaways for them on Google's view on the mobile payments business. Patrick discusses how we have finally reached an inflection point where the much-discussed "big change" in mobile payments has finally arrived, while Matt takes a look at how Google can bring game-changing new ways to accept payment to even the smallest merchants.
Google wants to make your credit card completely worthless
Google knows the plastic in your wallet is about to go the way of the typewriter, the VCR, and the 8-track tape player. When it does, a handful of investors could stand to get very rich. You can join them -- but you must act now. An eye-opening new presentation reveals the full story on why your credit card is about to be worthless -- and highlights one little-known company sitting at the epicenter of an earth-shaking movement that could hand early investors the kind of profits we haven't seen since the dot-com days. Click here to watch this stunning video.