Google SVP Sundar Pichai may have tipped the company's hand on mobile payments back in Barcelona, but he offered little detail on how the system would work. At I/O 2015, though, the folks in Mountain View served up a wealth of details on the matter, including the announcement that Android Pay would be part of the Android M release. Just like Apple Pay, transactions are sorted via NFC and your actual card number isn't shared with merchants. When it arrives, the system will be employed by over 700,000 retailers like Macy's and many more. It'll also be used for in-app purchases from retailers, so if you're ordering food from Chipotle or paying for an Uber ride, you'll be able to use Android Pay there as well. And yes, web sellers can leverage the system, too.
In terms of security, the payment tech will employ your phone's fingerprint scanner if it has one to pay for items from a MasterCard, Visa, AmEx or Discover card and Google says it's still working on expanding the list of banks that support Android Pay. No mention what'll happen to Google Wallet just yet, but reports surfaced yesterday that it would handle sending money between individuals as the folks in Mountain View completely overhaul Android phone-driven payments. That same report mentioned loyalty programs being lumped into Android Pay, but there haven't been any details on that yet either.
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