It’s Official: Google Announces Mobile Payment Service Android Pay at MWC 2015
2015 is turning out to be a massive year for mobile payments scene. During the Mobile World Conference in Barcelona, Google announced its new mobile payment service, Android Pay. The payment framework is in development and Google’s Sundar Pichai says that it’s not a new product from the company.
So what is it? According to Pichai, it’s an API layer that will allow different companies to support this feature on both digital and physical stores.
We are doing it in a way in which anybody else can build a payments service on top of Android, so, in places like China and Africa we hope that people will use Android Pay to build innovative services.
Google didn’t reveal many details about the new service, but stated that it will first support NFC and later biometric sensors as well. It’s a feature already supported by Apple Pay. That’s not all, Google Wallet will also run parallel to Android Pay, which is a bit strange. I expected them to scrap the service in favor of the new one.
Android Pay will be go up against Apple pay, but it will have a head on collision with Samsung’s own payment framework. It will be interesting to see how these two services will align. Details are limited on how the service will actually work but Google will definitely push the service to make it mainstream.
It’s not hard to guess that Android Pay would use one tap payments for Android apps but how will it handle other services remains to be seen.
When you look at Apple Pay, it surely looks like the frontrunner among all similar services. However, will Google’s efforts pay-off? Remains to be seen. Competing against Samsung and Apple Pay is a daunting task but when more details about the service arrive, we can have a better idea of where Android Pay stands.
Feel free to let us know what you think of this new initiative from Google, in the comments below.