HP is working on phones and tablets with built-in near-field communication (NFC) technology for mobile payments, according to reports. Much like Google Wallet, which will soon launch for the Nexus S and eventually other Android devices, HP hopes its customers will be able to use the company’s products to make mobile purchases in retail outlets.

Similarly, HP has a plan to create an entire ecosystem where users will be able to to receive coupons or other benefits, such as loyalty points, from NFC-enabled advertisements. While HP says the products could launch by year-end, HP hasn’t been known to deliver new mobile devices to the market very quickly in the past. It’s also fuzzy as to who HP will partner with to offer NFC services.