Apple Pay Vs. Android Pay: Which Is More Secure

Google unveiled a new mobile payments system that functions very similarly to Apple Pay. This new system is actually a revamped version of the Google Wallet, which was the NFC-based mobile payments system that the company had in 2011.

Android Pay is expected by Samsung fans to overcome the hurdles that its predecessor, the Google Wallet, was absolutely challenged with. Apparently, the system was launched too early on – when the public was not yet ready for such technology, making its launch less of a success. Fortunately, Google has applied some changes and added more features for Android Pay to become a highly enjoyable payments system, according to Tech Times.

As its name entails, it is pretty much like Apple Pay. It can be used for paying from within certain apps and websites, as it has partnered with around 700,000 retail locations that are equipped with NFC-based terminals. These establishments, according to the report, have even opted to upgrade to a new payment equipment due to Apple’s highly persuasive powers.

When the Android Pay is finally launched into the market, users can immediately enjoy a more convenient way of paying at McDonald’s, Best Buy, and Whole Foods. Some apps will also immediately include support for Google’s new payments system, such as Chipotle, Uber, and OpenTable.

NFC or near-field communications has taken purchases to the next level. With the use of a smartphone, buyers can easily place their device over the NFC terminal to make the payment. With Android Pay, users only have to unlock their device and tap a button to pay. Apple Pay, however, seems to feature more security as it will actually ask for the user’s fingerprint before the transaction is completed. Android Pay users can add security for their money by adding a screen lock PIN.

Both Android Pay and Apple Pay make use of a secure method of generating random numerical codes to assign to each transaction. The latter makes use of a Secure Element chip, while Google makes use of a industry standard tokenization, according to a post on Official Android Blogspot.

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