Google Unveils New Online Payment
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."
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