Google on Thursday, May 28, unveiled Android Pay, its pay-with-a-phone system for Android devices, during its Google developers conference in San Francisco. The system brings together mobile carriers, payment networks, banks and retailers to allow smartphone users to use their mobile phones instead of payment cards. Like the Apple Pay system introduced in 2014, Android Pay lets consumers store credit card information on their phones, along with loyalty cards and other useful data. This will facilitate contactless payments.
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