“Pay with Google” - new way to pay on mobile devices

Financial Chat Fintech Chat
1

Interesting announcement yesterday, as Google moves on the offensive with a new way to pay on mobile devices.

1 Like
2

It’s another option at the POS.

Some may think too many options, however, I’m all for making the POS experience more fluid.

2 Likes
3

I agree. A lot of banks have invested a lot of effort and money into Android Pay, Google Pay, MasterPass, Samsung Pay and any number of other schemes I can’t think of right now, and it’s not yet clear which will manage to get the attention of Android users - and that’s in addition to other payment methods such as PayPal. I can see this becoming quite confusing for many customers :confused:

4

This would be good for people with Banks like Barclays who are not on Andriod Pay but you can save the card details on your Google account.

5

The PayPal payment mechanisms never really took off because they were too complex and adoption was low. They also launched it alongside Sqaure/iZettle which made the PayPal proposition less valuable because why invest in that when you can take all the cards?!

PayPal now offers it’s own card reader…

6

My understanding was that this was just for online retailers where AFAIK you can’t use Android/Apple Pay etc anyway.

Seems like a much nicer solution than autocomplete with saved card details which is very dependent on how the retailer has set up their fields. And PayPal used to be a PITA to pay with online if you were on a mobile device and had 2FA set up (this may no longer be the case, I don’t use it anymore)

Will be interesting to see if it ever becomes more than a niche thing.

7

When I’ve gone to markets, cons etc for the last 2 years, many have had the PayPal reader, infact most of my card transactions at these has almost always been using a PayPal reader. It definitely took off in those markets

1 Like
8

those are the ones I prefer to use

9

So this only works on websites and apps and not via NFC in stores?

10

Yeah, I mean it isn’t new. I was alluded to a couple of years ago - it is just an extension of the Android Pay API. The news really is that it has moved out of the US.

1 Like
11

Yes. (And only in Chrome browser at the moment)

1 Like