Google sharply moves with payments – Android Pay – Banker

Since 2011. Google allows holders of phones running
 Android contactless payments through Google Wallet. The service was not
 hit, also because of the many technical limitations. Search engine giant
 changed the strategy and attacking the market under a new name – Android Pay.

 

Almost a year after the startup Apple launched a similar system Pay
 users of Android devices. Since yesterday can upload
 the payment card into the phone and paying proximity stores have
 Americans. Over the next months, Android Pay is expected to further
 countries.

 

After installing Android applications the user needs to Pay
 take a picture of your credit card, or manually enter the data. Card
 payment is verified by the bank-editor, which means that the institution must
 be ready to work with Google Wallet. At the start of Android Pay
 He is working with Visa, MasterCard, American Express and Discover, and several
 US banks (including Bank of America).

 
 

Payment telephone
 Android Pay resembles a proximity card payment, just close the device
 to the terminal in the store. Just as Apple Pay, Google uses the solution
 called. tokenizacji. This means that the seller is not transmitted card number
 a payment added to the mobile wallet user, but a one-time “token”
 which at a later stage of processing the transaction is combined with a suitable
 bill. This provides a higher level of security – the phone does not have
 transfer sensitive data.

 
 

The potential range of Google is huge – NFC payment
 They can run on any device that is equipped with a communication module
 proximity and Android at least version 4.4. The correct version
 operating system currently has about 60 percent. smartphones and tablets with logo
 green robot.

 

Soon, Android users will be able to
 also benefit from the solutions promoted by Samsung. Samsung Pay
 tested is in Korea
 South and the United States. Pay vary from Android it will be a few details – a mobile wallet
 only works on the latest models of Samsung phones, but allows
 payment as in stores that do not have a proximity terminal.
 A special module holed up in the Galaxy series devices can communicate with
 magnetic stripe readers. As a result, mobile payment will be possible in
 almost every outlet that accepts traditional credit cards.
 

You can expect that both the Samsung Pay and Android
 Pay also reach into Polish. This is facilitated by close cooperation between the two companies
 kartowymi organizations Visa and MasterCard. For issuing banks
 Payment join another mobile wallets so that it becomes easier.
 

The official Polish branch of Samsung so far expressed sparingly:
 “The launch of Samsung Pay in Poland depends not only on the willingness
 introduce it by ourselves, but also financial institutions or companies
 issuing credit cards. At the moment it is difficult for us to anticipate the date
 Start Samsung Pay in Poland, although we hope that will happen in the near
 the future. “

Michael Kisiel