Google Finally Launches Android Pay
After much anticipation, Android Pay is finally here. Google launched its mobile wallet yesterday, starting with a small group of Android phones running on the Android 4.4 KitKat operating system at a minimum. The NFC payment system is scheduled to reach all users in that category within the next week.
For users who already have Google Wallet on their phones, there will be an update coming to convert that program into Android Pay. Google Wallet will still be available, but it will now be designed to send payments between family and friends–similar to PayPal-owned Venmo.
Android Pay supports cards from all four major payments networks: Discover, Visa, MasterCard and American Express. The program will be accepted “at over one million locations (and counting…) across the US, everywhere tap and pay payments are accepted,” according to a statement on the Android Official Blog.
Though the recently-released competitor Samsung Pay is having difficulties securing support from Verizon, Android Pay can be used “on any mobile carrier.” Android Pay utilizes the latest tokenization technology to protect users from having their card information stolen.
And that’s not all. Android says it will have even more features to add to its mobile wallet later this year, such as an enhanced checkout process for mobile apps. The company also hinted at the ability to transfer loyalty points and special offers from their cards to their purchases through the app.
If you do not have Google Wallet on your phone and would like to use Android Pay, watch for the free app which will soon be available in the Google Play Store.
This entry was posted in Credit Card News and tagged mobile payments , mobile wallet , near field communications , Google , mobile apps , NFC , payment service , Android Pay , Samsung Pay , Apple Pay , tokenization , android operating system , tap and pay , google mobile wallet , NFC payment
The information contained within this article was accurate as of September 11, 2015. For up-to-date
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