Android Pay is Here
Android Pay begins rolling out over the next few days in the USA. You can pay securely with your Android phone at over one million locations across the US. Android Pay also stores your gift cards, loyalty cards and special offers right on your phone. More features, banks and store locations will be added in the coming months.
How Does it Work
Android Pay works with all NFC-enabled Android devices (running KitKat 4.4+), on any mobile carrier, at every tap and pay ready location across the US. Android Pay will support credit and debit cards from the four major payment networks: American Express, Discover, MasterCard and Visa. These cards are issued by many of the most popular US banks and credit unions, including American Express, Bank of America, Discover, Navy Federal Credit Union, PNC, Regions Bank, USAA, and U.S. Bank. Wells Fargo will be available in the next few days, Capital One and Citi are coming soon, and we’re adding new banks all the time.
Is Android Pay Secure?
According to Google, Android Pay is supported by industry standard tokenization. Your real credit or debit card number isn’t sent with your payment. Instead, Android pay uses a virtual account number that provides an extra layer of security. As soon as you make a purchase, you’ll see a payment confirmation that shows where a given transaction happened, so it’s easy to catch any suspicious activity.
What if My Phone is Lost or Stolen?
If your phone is ever lost or stolen, you can use Android Device Manager to instantly lock your device from anywhere, secure it with a new password, or even wipe it clean of your personal information.
Source & video credit: Google, Inc.