Google off yesterday Pay using Android, an application for payment with a single contact will be available for mobile devices with Android and more than one million merchants in the United States, which had submitted in late May.
The payment service can be used on Android devices that have the technology Near Field Communication (NFC, for its acronym in English) and version 4.4 of Android KitKat or higher.
Android Pay Pay compete with Apple in the market for payments from mobile devices, which research firm IDC believes that will reach $ 1 trillion by 2017. The umpire is Samsung Pay, exclusive for devices of the brand, which will be available in the US later this month, and has the advantage of working with card readers that do not have NFC.
Users who already have the application Google Wallet Android Pay can access through an upgrade, while new can download it from the Google Play store in the coming days.
In fact, the company Google Wallet reconverted to use as a tool of exchange Money peer style PayPal and others, even if they do not have a Wallet account.
The company said the service payments could be used in stores operated by companies such as Aeropostale Inc, Macy’s , GameStop and Staples. Pay Android will be available in more points in the coming days and more features will be added in the coming months, Google said in a posting on his blog.
The application will accept credit cards and debit American networks Express, Discover Financial Services, MasterCard and Visa, in addition to those issued by banks such as Bank of America and US Bank.
As a safety measure, the service uses the industry standard of “tokenization” which replaces details of the credit card of a user by random numbers when a trade transmits transaction data, reducing the risks of theft online.
Reuters Agency .
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