Android Pay has begun rolling out to users with support at more than 1 million locations throughout the U.S.
The Apple Pay competitor, which was first unveiled at Google I/O back in May, is available on NFC-equipped smartphones running Android 4.4 KitKat and above, and it’s compatible with a whole host of banks and credit card providers.
Payment industry and retail data analysts at InfoScout and PYMNTS claim that the percentage of iPhone 6 users in the U.S. who have tried Apple Pay declined from 15 percent in March to 13.1 percent in June.
The hope with Apple Pay is that everywhere there are financial transactions, there will be Apple’s mobile payment solution — and, yes, that includes the sky.
Starting next week, passengers on select JetBlue Airways flights will be able to pay for food, drinks and assorted on-board amenities (such as upgrading seats) using their iPhone 6 and 6 Plus. This gives JetBlue the claim to fame that it is the first airline to accept Apple Pay at 35,000 feet.
Post-Apple Pay, everyone is looking to Cupertino when it comes to innovation in the mobile payment sector. eBay is no different — with the online auction company starting up a new division, designed especially to develop payment-related technology.
And wouldn’t you know it? It’s filling it with ex-Apple folk.
Critics are fond of saying Apple doesn’t innovate any more. But Apple’s new electronic payment system, Apple Pay, is innovation of the highest order. After a relatively smooth rollout this week, I honestly believe Apple Pay is the future of payments.
Even so, Apple Pay must clear some big hurdles if it’s to become the universal standard. For now, it’s limited to Apple’s latest iPhones and a relatively small number of retail partners, but the basic system — using your fingerprint to validate a purchase on your mobile phone — is the way we will pay for goods and services in the future.
Once again, Apple has shown the world how things should be done.