Google has revealed its pay-with-a-phone system for Android gadgets, increasing its challenge to Apple in paying through mobile phones.
Android Pay, uncovered at the Google engineers meeting in San Francisco, unites portable mobile carriers, payment networks, banks and retailers to permit cell phone clients to utilize their handsets rather than payment cards.
“Google designing VP Dave Burke said Android Pay would work in more than 700,000 US retail outlets that acknowledge contact-less payments.”
Like the Apple Pay system revealed a year ago, Android Pay will permit purchasers to store Mastercard data on their handsets alongside loyality cards and other information.
For additional security, Android Pay will produce a one-time “token” or virtual account number so the credit card information is not disclosed in an exchange.
Clients can securely utilize their Android phones to pay in stores where you see an Android Pay logo.
This will permit Google Wallet to turn into a preinstalled’ ‘tap to pay’ application on Android cell phones.
No date was reported for the take off of Android Pay yet the Google explanation said it would be ‘accessible on Google Play for download soon.’
Apple’s iOS and Android lead the worldwide cell phone market, and the organizations are avid to be at the possibly gainful heart of shopping or other money related exchanges as buyers go progressively mobile with time.