After Apple and Samsung, it’s Google – ending all speculations with the company which finally, announced Android Pay. It will roll out starting from today. Now with newly launched Android Pay, you will be able to pay through very secure way with your android smartphone across all over the US in million locations. With this service, you will also be able to store gift cards, loyalty cards, and all the special offers right on your smartphone.
Users with their NFC-enabled Android device running on 4.4 KitKat or later versions can use this service. It supports credit and debit cards from the four major payment networks – American Express, Discover, MasterCard and Visa issued by popular US banks and credit unions, including American Express, Bank of America, Discover, Navy Federal Credit Union, PNC, Regions Bank, USA, and U.S. Bank. Google announced more payment option and bank will be available in coming days.
Currently, over one million retailers, restaurants and some of the most popular brand like Pepsi, CocaCola, Subway, and others are already accepting Android Pay. In coming days more business entity will join Android Pay and more features will be added – in selected merchants, you will be able to transmit your loyalty cards and special offers with just a single tap.
Security has always been the major concern for Android user- to secure your transaction Google will use standard tokenization system which will give you an extra layer of security. When you are making a purchase, instead of sending your actual credit and debit card information Google will send a virtual account number every time. Another important feature is that you can lock your device through Android Device Manager if it is lost or stolen.
There is another advantage of using Android Pay if you are an existing Google Wallet then the user can update your Google Wallet app to access Android Pay. In next few days, Android Pay will be available in Play Store for download and users of NFC-enabled Android phones from AT&T, T-Mobile, and Verizon Wireless will get preinstalled app on their device.
News Source: Android Official Blog
Image Credit: Android Official Blog