Google has introduced “Android Pay “to compete “Apple Pay “. “Google Wallet “will be replaced by this latest mobile payment system. This new payment will get the great response due to the android user base.
However ,many of android user has a low economic level ,so Google has to try hard to increase users for this payment system. Also ,Samsung has announced their mobile payment system ,so Google has to think about it as well.
Google is bringing a new face to its Google Wallet by introducing “Android Pay .By Android Pay ,users can send the money direct from their bank account. Also ,they can buy anything direct from malls ,restaurants using this system . But, it will be the challenge for Google to reach this mobile payment system to its common android users. Though the mobile payment transaction will grow in next five years ,common android users will get questioned about this new system.
They will ask that if they are already using the credit /debit card , then why this “Android Pay “ ?. Google has to try hard along with Apple and Samsung to give the answer of this question. Also, Android users will be curious about the security of this new transaction system .Nowadays, Android is facing various
viruses, unlike Apple.
For preparation of Android Pay, Google has provided the new tool dubbed as “Near Filed Communication “(NFC) in such devices. Also ,Google has already cleared that there will be required user’s fingerprints to use this system which is already available in iphones.
Google has announced that the fingerprints system will be introduced in the Android ‘s latest version. By Android Pay, Google will become the important part in common android users. By this latest mobile payment system, it will be possible to the company to collect the data about user’s buying habits. So, it will be another income source for the company.
Google can provide this analysis to advertisers to win more business.[su_youtube_advanced url=”https://www.youtube.com/watch?v=OueObu2aA_M” rel=”no” fs=”no”]