Google Unveils New Online Payment Method
Google has announced they will be providing
another online payment method entitled “Android Pay.”
It is no surprise that Google came out with another
mobile online payment method since Apple came
out with Apple Pay some time ago.
Google is saying that Android Pay
is not a new product but in reality it is as customers will be
able to use Android Pay at physical stores and
online. "We are doing it in a way in which anybody else can
build a payments service on top of Android."
Sundar Pichai, senior VP at Google said, "So,
in places like China and Africa we hope that people will use Android
Pay to build innovative services."
Android Pay could easily be integrated into
Google Wallet which is a service that allows
customers to send money to anyone with a Gmail address.
There are a number of popular online payment methods so Google
has their work cut out for them to make Android Pay
a popular option around the world. Credit cards are still the
most popular online payment methods followed by e-wallet options
like Neteller, Skrill, EntroPay, etc.
It may be some time before Android Pay will
get traction, similar to what we have seen with Apple
Pay which hasn’t taken off in popularity with consumers.