Does Amazon have an NFC payment system in the works?

The online retail giant is sticking its fingers in a whole new pie

Near field communication (NFC) payment systems are just a way of ‘waving and paying’ and the tech can already be found in some handsets such as Google's Nexus S. Microsoft is said to be getting on board with a forthcoming Windows Phone 7 NFC update, while Apple is rumoured to be dithering. Now Amazon joins the zeitgeist. The chat suggests the online retail behemoth is working on a system that will let us pay for stuff in shops with a swipe of the phone. Is it just us that can't wait for this to happen even though it'll empty our pockets in double time?

Also

Google Nexus S review

Windows Phone 7 to get NFC update

Apple shuns NFC for iPhone 5

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