Android Pay: The payment platform be coming shortly as confirmed on official Android Twitter account

By Staff Writer

Aug 28, 2015 10:17 AM EDT

A lot of speculations are now passing around about when the Android Pay will be available to utilize in purchasing in stores. The mobile's maker confirmed on Twitter that the payment system is forthcoming, according to latest reports.  

According to Tech Radar, the official Android twitter account reportedly sent this tweet 3: 40 pm Pacific, "Looking forward to #AndroidPay? Stay tuned. #soon." However, the site says that they do not recognize how soon it is, as the Android Pay website still says, "Coming soon."

In a recent report from the Telegraph, Google was reportedly expected to start rolling out the Android Pay, a kind of a mobile payment service in the United States later this week. However, various reports have alleged that it did not take place.

This Google's upcoming payment platform, Android Pay will go up against the Apple Pay, this mobile service will let consumers pay through utilizing their Android smartphones at point-of-sale, and for making purchases within mobile applications also, Techcrunch wrote.

In addition, similar to the Apple Pay, the consumers will be allowed by the Android Pay to use their mobile phones in paying for products in more than 700,000 stores in the US, once they already linked their credit or debit card to the new service. The website also reported that according to sources conversant with Google's plans, Android Pay will not be arriving any time this week.

Other information from the Telegraph  states that Android Pay depends on the phone that has an NFC (near-field communication) chip.  Samsung is also reported working through using MST (magnetic secure transmission), where users will be engaged to account to get to a payment by touching their phone to the magstripe reader.

Google will probably wait to release Android Pay together with its mobile operating system, next version, Android Marshmallow, in the third quarter of 2015.

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