Revamped Android Pay will be announced at Google I/O

With Apple Pay off to a solid start and Samsung working on a better competitor to the service, it would make sense for Google to push their own mobile payment system front and center to stay competitive, and some rumors are pointing at that happening at I/O later this year.

This new service, called Android Pay, will actually be separate from Google Wallet. Android Pay will supposedly allow vendors to integrate the service into their Android apps so customers can quickly buy things without having to put in their debit or credit card information over and over. On top of that, retailers will also be able to set up tap-to-pay transactions in physical locations using Android Pay. 

Sound similar to Google Wallet? In some ways, it is. It does have some differences in how open it is, since retailers will be able to use a completely open tool to set up payments instead of specifically having to go through Google Wallet. Currently you’d have to put your debit card info into Wallet, then the app would have to support Google Wallet checkout. Android Pay cuts out that middleman, which may or may not make a huge difference.

However Google plans to spin this, we’ll know more when I/O rolls around.

source: Ars Technica

Come comment on this article: Revamped Android Pay will be announced at Google I/O