Android Pay adding banks to the service

Although Google is playing catch up with its mobile payments app, Android Pay, the platform received a nice boost today. Android Pay will now be able to hook up with several banks from around the world as a new payment option for users, joining VISA and Mastercard options.

Google indicates the new banks being added to the Android Pay platform include Bank of America, Bank of New Zealand, Discover, mBank and USAA. To help make things easier for users, the process of adding a bank to Android Pay can be launched from within the particular bank’s mobile app.

According to Google, this step continues a path for Android Pay of providing an open platform for users that want to start making payments with their mobile device. Pali Bhat, Google’s Global Head of Payment Products, says more banks will be added as the Android Pay team works through negotiations and integration phases, so users should look for more updates if their bank was not included in this initial round.

Keep in mind most banks already use VISA and Mastercard for processing purposes, so you likely could have added your bank card already even if they were not part of this initial list. The convenience of adding bank accounts via an item in a bank’s mobile app is a slick move on Android Pay’s part though and may help get more users to take advantage of the platform.

source: Google

About the Author: Jeff Causey

Raised in North Carolina, Jeff Causey is a licensed CPA in North Carolina. Jeff's past Android devices include an HTC EVO, a Samsung Note II, an LG G3, and a Motorola Moto X Pure Edition along with a Samsung Galaxy Tablet 10.1. He currently uses a Samsung Galaxy S8 and (very rarely) a Nexus 7 (2013). He is also using a Verizon-branded Motorola Moto Z Play Droid supplied by his job. Jeff used to have a pair of Google Glass and a Moto 360 Sport in his stable of gadgets. Unfortunately, his kids have all drunk the Apple Kool-Aid and have i-devices. Life at home often includes demonstrations of the superiority of his Android based devices. In his free time, Jeff is active an active runner usually training for his next marathon, owns a MINI Cooper, and plays Dungeons & Dragons. Jeff has three mostly grown kids and a golden retriever.

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