In an event in NYC on May 26th 2011, Google announced their vision for the future in NFC. They noted that they'd be investing in technologies and platforms that would change people's lives in commerce. This program started with Google Wallet and went on to work with Google Offers. "Your phone becomes your wallet" is what their first tagline will be, this being the selling point of Google Wallet. This program will work via the NFC chip already installed in Google's latest hero phone the Nexus S and the Nexus S 4G.