Cash and even credit cards will disappear in the future. Mobile payment systems are the in-thing. If it was Apple who announced its Apple Pay platform back in 2014, just one year later Google and Samsung did the same with Android Pay, now renamed as Google Pay, and Samsung Pay, respectively.
Pay for your shopping straight from your Android phone or wearable.
Almost three years later, these mobile payment platforms are fully operational, and Android Pay, the system announced at the 2015 Google I/O has already landed in many different countries including the USA and a dozen or so European nations, in order to compete with its other two greatest rivals, as well as PayPal. The idea is to make paying for our shopping much faster, safer and more comfortable than ever.
Advantages offered by Google Pay
- Pay straight from your phone at any point of sales that bears the contactless logo.
- Manage all your bank cards from the same application. Add as many as you want.
- Possibility to make in-app purchases in a much faster and easier manner.
- Totally safe and protected payment system that grants you rewards and benefits for your purchases.
- Register with all your receipts and tickets in the same place.
And if you were wondering about the advantages of this service regarding its competitors, there's one that's quite clear. Whilst for Apple Pay and Samsung Pay you need to have a device of a certain brand, this platform works on any Android device (provided that it fulfills the requirements described below).
What stores and banks are compatible with Google Pay?
Well, that obviously depends on your country. The service is gradually reaching agreements with the most important banking organizations in each country where it's implemented. If the platform has only been available for a short while, it's probably only compatible with a few banks but will definitely expand in the future.
Regarding the shops where you can pay with your phone's NFC, that's easier because you've only got to look out for those stores, restaurants, and services whose POS includes the typical contactless icon. Furthermore, Google has reached agreements with thousands of establishments to promote and encourage the use of this system.
What do I need to pay with Google Pay?
Having said all the latter, there are three essential requirements to be able to use Android Pay in your country:
- An Android device, whether smartphone or tablet that runs on version 4.4 or higher, or an Android Wear gadget.
- That device must incorporate NFC for contactless payments and must be unrooted.
- You must have a compatible bank card to be able to associate it with your Google account.