Moneto has announced that is has expanded its flagship Near Field Communication (NFC) platform to Android, and has added support for six Samsung Galaxy S devices. This is in addition to the iPhone 3G, iPhone 3GS, iPhone 4, and iPhone 4S, which were already supported by the company. The moneto platform is different than other “virtual wallets” because it uses a special microSD card, allowing it to function even in devices that don’t have built-in NFC hardware.

And in the future, these kind of banking relationships are expected to grow, especially when the mobile joint venture Isis launches. There is concern that these competing NFC platforms will lead to confusion and slow growth in the market, but the NFC momentum is too strong to stop at this point. The moneto update makes the following devices compatible: Samsung Fascinate at Verizon; iPhone 4, iPhone 4S and Epic 4G at Sprint; and Samsung Vibrant and Galaxy S 4G at T-Mobile.
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