Android Pay is one of the major focuses coming to Android, officially announced yesterday morning at the Keynote for Google IO 2015. Google's efforts to reinvigorate their mobile payment offering as a completely new service separate from Google Wallet looks promising, as there will be some 700,000 participating retailers in the U.S. at launch of the service, with the app said to be "coming soon" as an available download for Android device users. In an announcement today, USAA will be among the first round of partners to support the Android Pay system allowing their members to pay for goods and services in-store using their devices and online through the participating applications.
Although "coming soon" doesn't give any sort of exact time frame for when users can get a hold of the Android Pay app, USAA members who have VISA and MasterCard credit cards will be able to add them into the Android Pay app starting later this Summer, so Android Pay will likely be available before then or around the same time. In addition to opening up the possibility to pay at more than 700,000 retailers, restaurants and venues across the U.S. using just their device, USAA members will be able to pay for goods in more than 1,000 apps as well, giving them choice on how to purchase products.
According to USAA's assistant VP of credit card development Vikram Parekh, USAA is "committed to delivering a simple and secure payment experience to members" and is a big reason why they acted quickly in getting on board with Android Pay. Members of USAA will be able to add their card information to the actual USAA app or through the Android Pay app itself, and because of Android Pay's extra security, members never have to worry about their card numbers being shared with merchants when they purchase things from retailers as Android Pay uses a digital account number to process the payment. USAA also states that once Android M is launched later this year alongside the new baked in fingerprint reader support, they will be one of the first institutions to support the method for logging into their mobile application. Members will need to have an Android device which has the biometric fingerprint readers built-in, but with that technology in-hand and the updated Android M software onboard, logging in will be easier and faster than typing in credentials every time.