Google has announced Android Pay , a new payment system that will Succeed Google Wallet. Android Pay will lock horns with payment systems from Big Guns like Samsung (Samsung Pay) and Apple (Apple Pay) .
Android Pay will power in-app and tap-to-pay purchases on mobile devices. As for Google Wallet , it will not become completely obsolete , No. Instead , Google wallet will focus on accepting payments outside of mobile devices.
Payment via Android Pay will be facilitated via NFC feature on Android Smartphones. Google has announced a list of partners that will accept Android Pay. The list includes major merchant stores , Hotels and car services operating in the US.
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Another interesting thing about Android Pay is that it will be available to Developers. Which means any developer can integrate Android Pay into his service and start accepting payments. Sadly , Android Pay will only work on Android 4.4Kitkat Smartphones and above. Which means Jellybean and Below Smartphones will not be able to use this payment service.