Google Launches Android Pay, Its New Mobile Payment Platform
Google's answer to Apple Pay has arrived. Android Pay, the company's new mobile payments platform, is beginning to roll out in the United States, Google announced Thursday
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Android Pay relies on near-field communication (NFC) to enable its "tap to pay" payments at compatible point of sale terminals. Google notes that many major retailers and restaurant chains, including Jamba Juice, Macy's, Chevron, McDonald's and Coca Cola, have already signed on.
The platform supports major credit cards from some of the biggest banks, including American Express, Bank of America, Discover, Navy Federal Credit Union, PNC, Regions Bank, USAA, and U.S. Bank. Google says Citi Bank and Wells Fargo will be launching within a few days, and that Capital One is "coming soon.".
Android Pay also supports gift cards and payments within other apps. That last feature isn't yet live, developers will soon be able to add a "buy with Android Pay" for purchases made within their apps.
Android Pay will replace the current Google Wallet app on Google Play, and Google will relaunch a new Wallet app focused on peer-to-peer payments.