Google Unveils Android Pay to Compete against Apple Pay, Bitcoin

Google has announced its latest foray into the exploding mobile payment market with Android Pay.
Android Pay is, in effect, a follow-up to the struggling Google Wallet brand, which has never caught on since 2011. It joins a market that includes Apple Pay, PayPal, MasterPass, and Visa Checkout. Android Pay will work with any Android phone that is equipped with an NFC (Near-field Communications) chip and KitKat operating system, or later.
Pali Bhat, Google’s Director of Product Management, said in a press release:
‘Mobile payments is a big priority for Google, so we’ve been working with major networks like MasterCard to help provide a seamless experience across a wide range of phones and stores. Android Pay will offer people further simplicity, security and choice when paying for things with their Android phones.’

This post was published at Coin Telegraph on Evander Smart /2015-06-01.