What is Android Pay?
Android Pay is one of the mobile payment services such as apple pay and Samsung pay that adds a new home for your cards. It was developed by Google to be used on both Android smartphones and Android wearable devices. As you already use your smart phone for just about everything, now you can pay with it, too. After adding your credit, debit, loyalty and gift cards to Android Pay, you can start shopping in stores, in apps and online.
Android Pay is a full mobile payment system which is designed to let people purchase items and services both online and in the real world. It was launched first in the US, it has since expanded its peak and is now available from banks and other financial institutions in the UK, Canada, Ireland, Poland, Singapore, Australia, Hong Kong, Taiwan, Belgium, Japan, Russia and New Zealand. It is scheduled to launch later in 2017 in South Korea and Brazil.
How does Android Pay work?
It supports on smartphones and smart watches. Google’s payment service uses near field communication (NFC) technology. A user stores their credit or debit card information on their Android Pay account, and when they want to pay for an item or service, they take their phone or watch and place it near the retailer’s point-of-sale terminal. A signal send through NFC hardware send the payment information from the phone or watch to the POS terminal. Android Pay can also be used on some NFC-enabled ATMs so users can get cash money from their bank account, again without having to pull out their credit or debit card.
While Android Pay is mostly used to pay for items in the real world, many Android apps support to purchase products with the service as well. Finally, you can also store and use a number of gift cards and retailer rewards cards on your account. For an additional amount of security, you can set up Android Pay .So that, if your phone has a fingerprint scanner, it can be used to verify the payment within the app. Android Pay users can also type in a passcode to do the same thing if they don’t have a fingerprint reader.
How does Android Pay different from Apple Pay and Samsung Pay?
Apple Pay works much in the same way that Google’s service does, as both use NFC hardware to pay for items at POS terminals. The difference is it works on iPhones and Apple smart watches.
Samsung Pay is available on a number of recent Samsung-based smartphones, along with its Gear S2 and Gear S3 smart watches. The biggest difference is that Samsung Pay, in addition to supporting NFC-based terminals, can also use Magnetic Secure Transmission (MST) technology. Samsung has put in a magnetic coil inside some of its recent Galaxy smartphones, and the field created by that coil, combined with the Samsung Pay app, can be used to transmit payment signals to normal credit and debit card terminals. In essence, Samsung Pay makes those terminals think they are being accessed by a normal magnetic strip found in credit and debit cards. Again, only a select number of Galaxy smartphones currently support Samsung Pay. In addition, the company recently announced Samsung Pay Mini, which can only be used for online purchases.
How to set up Android pay on your phone?
If you want to start using Android Pay on your smartphone, and if your bank or financial institutions happens to support, it is pretty easy to set up. Indeed, it’s likely that if you purchase a new Android phone, the Android Pay app is already pre-installed. If that’s not the case, you can download Android Pay from the Google Play Store.
Then you just tap on the app and hit the “+” sign to add a credit or debit card from your supported bank. Again, you can also add supported gift cards or loyalty program details to your Android Pay account. Some users might already see that your credit or debit card is already available in the Android Pay app. That’s likely because you used them to purchase items via Google in the past.
How to set up Android Pay on your smart watch?
If your smart watch has Android Wear 2.0 installed, you can also set it up so that you can pay for goods and services via Android Pay. You will have to have the Android Pay app set up on your smartphone first. Then you tap on the app on your watch. It will offer you an option to add a new card, and direct you to use your phone. On your phone, you can tap on which card you want to use on your Android Wear watch, enter a security code, and it should be available to use on your smart watch. You will also be given an option to set up a passcode or pattern for some extra security.
How secure is Android Pay?
Users are considering about how secure Android Pay is to use. In this case, if you use your phone or watch to send an Android Pay-based payment to an NFC terminal, a randomly generated 16-digit number is sent, rather than your credit card and personal info. That means if that terminal, or the store that you used, is hacked, your personal financial info should be safe.
Once more, that random number is stored in a cloud server, rather than on your phone, for some extra protection. Finally, payments are only sending out if your phone is working and unlocked. If it is locked and not in use, your account should be safe.
Where are Android Pay supported and what banks use it?
Android Pay launched with just countable financial institutions, but the list has since grown to cover all the big banks and a substantial number of smaller ones.Google just added 17 new banks and credit unions to the list, most of which will probably be unfamiliar to you.
Here is a list of just the new additions: American Eagle Financial Credit Union, Bank of Milton, Centennial Bank, Commercial State Bank, Credit Union ONE, Eagle Bank, Farmers National Bank, Fifth District Savings Bank, Firstrust Bank, Gerber Federal Credit Union, Hills Bank and Trust Company, Huntington National Bank, mBank, Peach State Federal Credit Union, Peoples Bank of East Tennessee, Stanford Federal Credit Union, State Bank Financial
If you have an account at one of these institutions, you should be able to add your card in the Android Pay app right now. Should you encounter issues, contact the bank to find out which cards are supported. Sometimes there’s a difference between debit and credit accounts with regard to Android Pay Support.
As we mentioned before, Android Pay is available in a number of countries as of this writing, including the US, the UK, Canada, Ireland, Poland, Singapore, Australia, Hong Kong, Taiwan, Belgium, Japan, Russia and New Zealand. More countries plan to add support for the service in the future.
What retailers and apps support Android Pay?
Android Pay can be used at many stores around the world, wherever contactless payments are accepted. Android Pay should work at any location with an NFC-based contactless payment terminal. Many stores show the official Android Pay logo as a quick and easy way to indicate they accept payments from Google’s service. They include Best Buy, McDonalds, KFC, Macy’s, Crate and Barrel, Foot Locker, GameStop, JetBlue, Petco, Staples, Subway and many, many more. In addition, many companies accept in-app purchases via Android Pay, including Lyft, OpenTable, Hotel Tonight, Instacart, and Etsy.
An easier way to earn rewards…
Now you can earn and redeem your loyalty points automatically when you use Android Pay. Available for Walgreens Balance Rewards and Coke MyRewards cards. Simply hold your phone to the terminal before you pay and never miss out on points again.
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