Google’s Android Pay in works to offer easy mobile payment system

Google’s Android Pay in works to offer easy mobile payment system

Amid the development of Apple Pay and Samsung Pay, Google is also working on its own mobile payment system called Android Pay. The new system will provide an easy way to worldwide companies to integrate mobile payment capabilities by using a specific Application Program Interface (API) layer.

Google’s Senior Vice President of Product Sundar Pichai, at his keynote at the Mobile World Congress (MWC) 2015 in Barcelona, revealed some details about Android Pay.

Pichai said that unlike other mobile payment platforms such as Samsung Pay, Android Pay is an API layer in Android to let anybody can build a payment service using the open-source mobile operating system.

“Anybody else can build a payment service on top of Android and plug into Android Pay APIs,” Pichai said. “Google Wallet will be a customer of Android Pay, as would other services in China, for example.”

He said that Android Pay APIs will use NFC support on mobile devices to offer secure payment service on Android platform. Moreover, the next Android version could bundled with the new API framework to enable mobile payment service on any of the latest Android device, not just the flagship smartphones by market leaders.

“We’re on a different timeline than Samsung with their platform, but they don’t necessarily compete,” Pichai added.

Though, in the initial stage of its rollout, Google will use NFC support to let users make mobile payments, Pichai revealed that the framework would use built-in biometric features on compatible devices to provide more secure transactions in the future.

The implementation of Android Pay within Android operating system could make things difficult for companies like Apple and Samsung as they already in development of their mobile payment systems. However, it is expected to give merchants and financial partners a new and an easy-to-use way to start working on the emerging world of mobile payments.

As Google is set to integrate Android Pay right into its Android platform, which already leads in the world of mobile devices, many devices would offer mobile payment services to their users. This overall seems to take mobile payment technology to an all-new level.

Pichai didn’t disclose the release schedule of Android Pay at his keynote but details are likely to go official at Google’s annual I/O developer conference in May this year.

Last month, Google acquired mobile payments company Softcard which could help in development of Android Pay. The acquisition already made pre-installation of Google Wallet app on Android 4.4 KitKat or above running smartphones sold by leading carrier partners in the US.