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Google jumps into mobile pay battle with Android Pay

2015-05-28
so you want to take out your android phone use it to pay anywhere maybe just like Apple pay well that's android peg and that's gonna be available this summer now Google's already had google wallet so what's the difference between that and this new payment system this enables tokenization a tokenization is the idea that you're not going to use your actual credit card number for the transaction have a virtualized credit card number that's already available in technologies like samsung pay and Apple pay it's going to be in this too and it will work at contactless payment terminals will also launch automatically as opposed to having to launch an app so that's new it will work with fingerprint sensor technology but in Android M in the summer until then it will work with Android KitKat and higher you have to use a password so use Android pay it's pretty simple you just tap right here and and lo and behold it goes through we're also work with loyalty programs so that's supported with coca-cola it may be supported with other loyalty programs that's something we haven't heard about in other tokenized payment systems yet android pay will also work with an app so you could use it to order food order a car service and that little android pay button pops up and you can use it to buy things with the same Android egg handle so that's Android pay keep an eye out for it when it debuts later this summer just keep in mind to use contactless payment you're going to need a phone with NFC I'm here google i/o Scott's time to see note
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