[mitchty]

How? Google wallet basically dumps magstripe out of nfc. This doesn't do anything close to that.

Can you explain how they are the same?

[pacofvf]

From the user POV, it's the same:

1. upload your Credit/Debit card info to an app(passport/wallet)

2. your phone must have NFC.

3. pay with your phone at a NFC capable terminal.