Moscow. 11 September. INTERFAX.RU – Google on Thursday launched in the US payment system Android Pay, which is expected to compete with Apple Pay and allow Google to win the position in the growing mobile payments market.
Android Pay turns your smartphone into a digital wallet: the system stores the data of credit and debit card user, which can be used both in the real and virtual stores.
Android Pay supports cards of all four major payment systems – Visa, American Express, Discover and MasterCard, it is compatible with most recent devices based on Android.
The use of this system will allow users to pay for goods and services in more than 1 million US stores, as well as one thousand. mobile applications, reports Bloomberg. Among the partners of the payment system – retailers Macy’s, Staples and Whole Foods, said director of product Google, responsible for Android Pay, Pali Baht.
“We will be gradually put in place a payment system in the next few days, and is just the beginning. We will continue to add new features Android Pay as well as increase the number of partners – banks and retailers – in the coming months that will further facilitate the payment via our payment system, “- said the Bat. –
In particular, Google is developing a feature that will allow users of Android Pay participate in loyalty programs or special promotions.
The company expects to launch Android Pay will increase the interest in Android-based smartphones . According to the forecast of research firm Forrester Research Inc., the market for mobile payments in 2015 will be about $ 67 billion, and by 2019 will increase to $ 142 billion.