Google has unveiled Android Pay, which will allow credit, debit, prepaid and small business cardholders to use their Android-based mobile phones for everyday purchases in-store and within Android apps.
Android Pay, revealed at the Google Developer's Conference in San Francisco, Calif., permits mobile carriers, payment networks, financial institutions and retailers to allow smartphone users to use their handsets instead of payment cards.
Google Engineering Vice President Dave Burke said Android Pay would work in more than 700,000 U.S. retail outlets.
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Roy Urrico
Roy W. Urrico specializes in articles about financial technology and services for Credit Union Times, as well as ghostwriting, copywriting, and case studies. Also: writer/editor of a semi-annual newsletter for Association for Financial Technology since 1997 and history projects funded by the U.S Interior Department, National Park Service and Warren County (N.Y.).
