Two weeks ago we informed that Android Pay is launching in Taiwan. The report is now officially confirmed, as Google plans to expand its Android Pay to Canada, Russia, Spain, Brazil, and of course, Taiwan. The announcement took place during one of the conferences at Google I/O 2017.
The reports in Russian media suggest that Android Pay will be available for the following banks: Sbierbank Rossii, Alfa-Bank, Raiffeisenbank, and Tinkoff Bank. Android devices are incredibly popular in Russia. Russia’s largest mobile phone retailer – Eurosept – estimates that 87 percent of smartphones in Russia is powered by Android. Users of these banks should soon have an option to utilize the NFC for the mobile payments.
It’s not yet confirmed which banks will support Android Pay in Canada, Spain, and Brazil. We should expect more information about this in the coming weeks. We can only assume that not all banks will add the compatibility right off the bat. Canadian version of the Visa website for a brief moment confirmed that Android Pay comes to Visa cards. The web page has been pulled out shortly after. Luckily, the Wayback Machine portal managed to capture the site, so you can take a look here.
Android Pay was officially announced at Google I/O 2015. Since its release, it has become one of three services that offer mobile payments. The other two are Apple Pay and Samsung Pay. According to the analysis made by IHS Markit, 3.4 billion smartphones will be ready for Apple Pay, Samsung Pay and Android Pay by the end of 2017.
Source: Seonews (Russian)