Android Pay, Google’s answer to Apple Pay, now works with mobile banking apps. The Alphabet subsidiary’s mobile payments service announced this week that it has partnered with USAA, mBank, Bank of America, Discover, and Bank of New Zealand. People will no longer have to use the search giant’s official app if they want to start using the payment service’s tap-to-buy features.
This is the first time that the Internet giant’s mobile payment system has been integrated with mobile banking apps. With this new capability, people who want to include their bank cards to the company’s NFC-based payment platform can do so from inside their mobile banking software applications instead of having to enter all of their card details in the Android Pay app.
Currently only five different banks have this new feature with Google’s digital wallet. While this leaves things pretty limited, Big G is working to bring this feature to more banking apps in the future, notes Android Headlines. The company said that this new capability of Android Pay is something that the financial institutions themselves will be alerting about through app updates.
According to CNET, the search powerhouse said that this latest partnership expands it mobile payment platform’s capabilities as an open platform, and shifts the company closer to its goal of empowering mobile payment services everywhere. Mountain View is clearly betting that the more open nature of the mobile payment platform will give it a larger footprint.
Google’s new partnerships with banks will allow people to add cards and use Android Pay from within their mobile banking apps. Customers of the five major banks can now add their cards to the digital wallet platform. Retailers around the world have been a little slower to adopt Google’s mobile payment service, but the company is looking to fix that. Last October, the platform partnered with Mastercard and Visa.
Tech Crunch notes that expanding Android Pay adoption is crucial for the Alphabet subsidiary, as it has so far been conceding the contactless market to Apple’s digital payment service. Apple Pay is expected to reach over 85 million users by the end of the year. Google’s digital wallet is also growing, but it is expected to reach 24 million users during that same time.
It is not clear how long it will be before more banking software applications have this functionality. However, at the rate at which the search behemoth has been widening support for the digital payment platform, it is likely that it will not take too long.
Google’s partnership with major banks makes it easier than ever to get started with using Android Pay. The global banks will integrate the payment service into their own apps. The integration may be a little different in each bank’s mobile app, but the focus is on making it simple to add bank cards to the digital wallet. The tech giant has emphasized that its open platform makes the payment service’s integration easy for developers and merchants.
By Anila Maring
Photo Courtesy Google