Google is trying to enter the mobile payments industry and rival Apple Pay by making its debut on the British market, according to industry sources quoted by The Telegraph.
Android Pay is meant to encourage Android smartphone users to make contactless payments with their device. The service was first launched in the United States in September, last year.
The mobile payments industry looks promising, as Android smartphones account for more than half of such devices sold in the UK. The Android Pay technology is expected to work in a similar way to Apple Pay, with the users’ Visa and MasterCard credit or debit card.
Android smartphone users will be able to pay at retailers equipped with a contactless payment terminal. Their identity will be verified by their smartphone’s fingerprint reader.
The UK is seen as a battleground for mobile payments because of the high take-up of card payments and wide availability of contactless terminals.