Android Pay and what it has to offer:
Any user with a compatible handset can pay for goods and services with Android Pay, simply by tapping on their devices against compatible terminals with near-field communication (NFC) technology support. It was launched in the US on 11 September 2015 and in the UK it was launched on 18 May 2016.
Android Pay is a Google mobile wallet that stores your debit, credit and loyalty cards. It can be used in thousands of stores, but it’s only available in some selected country. It doesn’t require any fingerprint scanner for you to use the service and accepts passwords, PIN code or patterns to authenticate transactions. NFC technology enables your Smartphone to initiate and render highly localized transfer of data. Users can hold the NFC phone close to the payment terminal to authenticate the payment method when asked.
Any android phone with NFC chip inside and 4.4 Kit Kat installed will support Android Pay. It is compatible with 70% of Android devices. Major manufacturer such as Samsung, Sony, LG, and Motorola are compatible with Android Pay except for devices like OnePlus. Users will also need to check and download the app from Play Store. The banks that support the app are Bank of Scotland, Nationwide, Lloyds Bank, M&S Halifax, HSBC, First Direct, RBS, and MBNA. Google recently partnered with NatWest, Royal bank. Santander and Ulster Bank in UK and Android customer can use the Android Pay. Barclays Bank still doesn’t support Android Pay service but TSB bank will unveil the app early next October. If you have a visa or a MasterCard issued by these banks, you can add them to your Android Pay account. The moment you pay for goods and services you get a confirmation giving you transaction information of where it took place. Android users can lock their phones with passwords using Android Device Manager when their phone gets lost. Alternatively, users can wipe it off all their personal information.
Google is working with US financial institution to deliver a firm’s standard security tokenization like that of apple. Retailers will be able to receive a 16 digit generated virtual number instead of the customer’s account number. So if there is a breach you will know your card is perfectly safe. You are covered with zero liability, and only cardholders of MasterCard are able to enjoy free of charge service to detect and resolve identity theft. Users will soon be able to speed up the process at a retail shop on Chrome using the Android Pay Service on the website like hostel.com, Domino, Uber, 1-800-Flowers and Groupon. Google improved its APIs in May this year to take Android Pay to the web.
If you are in the UK you can use Android Pay in retail terminals like KFC, Costa, Boots, Starbucks Waitrose and other retailers. You don’t have to enter payments or address information every time you purchase something. Android Pay will enable you to speed up through the checkout within applications such as Deliveroo, YPlan, and JS Sports among others.