Google has just announced a mobile payment solution: Android Pay. This service gives you access to pay with your Android phone at over one million locations in the US. It also stores your credit, debit, gift and loyalty cards for use. Using it is simple, unlock your device, and place it near an NFC-connected terminal. That’s all.
Android Pay is supported only on NFC-enabled Android devices, running at least KitKat 4.4. It will be made available to all carriers in the U.S with added support for cards from Visa, MasterCard, and a long list of banks.
For secured transactions, Google issues a virtual account number (rather than your actual credit/debit card numbers) for authentication. In case your device is stolen, one can go to Android Device Manager page to shut down the device and wipe all personal information.
It’s unclear whether this feature will be launched in this part of the world. Meanwhile, those using Google Wallet will get an app update that brings the Android Pay feature. You can grab the Android Pay apk HERE.