Google Wallet which is currently the official payment system for Android users will be bid adieu very soon.
It is purported to be replaced by the more advanced Android Pay, which is the future of online payments on Android.
Android Pay – the name rings a bell, doesn’t it? Of course, it does, as it reminds us of Apple Pay, which had been introduced with iPhone 6 and iPhone 6 Plus last year and has been in operation since October 20th, 2014.
Initially not many outlets supported this feature, but today, more than 70,000 outlets across US alone support it.
The question is whether Android Pay would be able to compete against Apple pay and what new features is it expected to bring?
The basic features of both the processes would be the same.
Both would need the presence of a Near Field Communication chip (NFC) on the device in which it is being used, for successful execution.
Apple and Android pay would both be able to store your card information and display a virtual card number to protect privacy.
There are of course, some differences.
In Apple Pay, you are required to add your card details to your iPhone.
You can do this by making use of the Passbook app.
This app may be called Apple Wallet in the near future.
Apple Pay gets activated as soon as a card info is added here.
If you are using an Apple device that does not have NFC, you can use Apple Pay too.
iPhone 5, iPhone 5c, and iPhone 5s are three non NFC devices that can avail this feature.
The only requirement here is the presence of an Apple Watch.
The Apple watch has an NFC chip, that can help the payment go through.
Hence the device has to be paired with the Apple Watch if it does not have NFC.
Other important features of the application include the ability to pay for in app purchases and the ability to pay for using public transport in London.
To use Apple Pay, just touch the iPhone to the contactless reader and then tap your finger on the Touch ID.
The iPhone should be touching the reader for the payment to go through.
For the Apple watch, the face of the watch needs to be held to the reader and the side button needs to be double tapped.
One the payment is done, the watch will buzz.
Android Pay will work on all devices using Android 4.4 KitKat and higher. It is being said that famous outlets like Target will accept payments through Android Pay.
AT&T, Verizon and T-Mobile are the carriers that are expected to support Android Pay.
A similar fingerprint ID, like the Touch ID in Apple Pay would be required to authenticate Android Pay payments.
The main focus of Android Pay will be in app purchases and in store payments.
No complexities in this have been expected to come yet. Major banks would be well connected to Android Pay.
We wonder if Barclays and Lloyds in England would jump on to the bandwagon, as Barclays already has a similar feature called Bpay and Lloyds has one in the making.
In Android pay, once your card details are registered and you are authenticated as a payer, the app will not show on your screen during making payments. Loyalty cards can also be used.