Just as expected, Google unveiled its wireless payment system and its new Groupon-like deals site at a press event in New York on Thursday. Called Google Wallet and Google Offers, the two features can operate either separately or together to make it easier to pay for things in person and get deals while shopping.
"Our goal is to bring together all the pieces of the ecosystem. Your phone will be your wallet. Just tap, pay, and save," Google VP of commerce Stephanie Tilenius told the crowd. "We believe 2011 and beyond will be the age of MoLo—Mobile Local commerce."