The Mountain View search giant at Google I/O introduced Android Pay – a new mobile payments system for Android smartphones that allows you to make payments right from their devices, using a combination of Google’s new integration with a number of stores, payment processors, and your existing Debit/Credit cards etc. A service awefully familiar, because it is pretty similar to Apple Pay essential. Allow me to clarify this, which is not just by name but in functionality as well, Google takes all the features from Cupertino’s base. Let’s take a quick look at all that’s on offer.
Google’s new Android Pay system got a way for you to pay for things with your phone. At wireless payment terminals using NFC, but it’s also designed to work with apps so that your payment credentials can follow you around. Detailed below!
Android Pay is not only a mobile payments solution, but also a better way for you to manage layalty cards and the like. Basically, you can use Android Pay with select carriers, retailers and your stored loyalty cards will automatically get applied. When checking out at a store, you can simply use your phone and the reatailer’s POS machine to make payment without ever providing your credit/debit card. Android Pay uses native Android notifications to keep you abreast of successful or failed payments.
Another attempt by Google to get mobile payments right and unveiled a new app, called Android Pay – takes on the place of Google Wallet on your phone. Power in-app and tap-to-pay purchases on mobile devices.
Android Pay also addresses the question of in-app purchases, but these are not your usual IAPs that we do daily for the titles we’d grabbed from Google Play Store. Google Wallet will stick around, but it will power Play Store purchases outside Android, say on the web, and facilitate peer-to-peer payments you can make through the app and on services like Gmail. Don’t be confused, this means that if you’re shopping online using the Amazon app for Android, you do not need to supply your credit card details etc (assuming they aren’t already on account), but rather just use Android Pay to make the purchase. Similar to how Apple Pay integrates in-apps and onine sites.
Google says seven out of ten Android devices are ready for Pay and that 700,000 merchants can accept it in their stores today. Spring, a mobile shopping app that has been beta testing Android Pay, has seen a measurable improvements in business with the “buy button” powered by Android Pay.
Google also confirms that Android Pay is much more secure than traditional payment means. On phones with fingerprint recognition, users can simply touch to unlock Android Pay. Like Apple Pay, Google says Android Pay doesn’t share your actual card details with anyone, you do get an element of security in using it. Android Pay will authenticate this using fingerprint reader, talking of fingerprint reader support, it comes baked into Android M, and again like Apple Pay it works. One of the most well known devices with this capability is the Samsung Galaxy S6 and Galaxy Note 4. Samsung, the largest maker of Android devices, is building its own version of payments – Samsung Pay. Chances are the Android Pay app might not get top billing, even if it becomes the platform of choice for developers, powering in-app purchases and tap-to-pay in the background.
Availability of Android Pay
This new payment system will be made available as an app on Google Play Store”sometime soon.” On the retailers and store front, Google has already clarified thousands of major ones support and are already onboard, along with a number of online stores as well. Big G is also working to implement Android Pay with bank and cellular carriers to make a partnership that extends deeper than competition.
Are you disappointed about Google didn’t bring something truely innovative, instead brought Android Pay very similar to Apple Pay? Not to be, because its the payment system that works with all the features which previous ones carry or integrated and there’s no logical truth about grabbing or stealing. It’s technology and rivarly, whatever you mean. Finally!
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