Lloyds Bank, Halifax and Bank of Scotland customers will be offered access to Android Pay, following Google’s announcement today that it is launching its mobile payments service in the UK.
As the largest provider of current accounts and number one issuer of new credit cards in the UK, this launch is another key milestone in the adoption of new payment technologies, with millions of customers being offered access to this type of technology for the first time. Android Pay enables users to seamlessly tap and pay with their Android devices at almost 460,000 payment terminals in UK shops, with more locations being added every day.
The technology also has extra layers of security. Credit or debit card details are never sent with a payment, and the system also allows users to track their last 10 transactions making it easier for them to monitor their purchases.
Stephen Noakes, Managing Director Retail Customer Products, Lloyds Banking Group said: “With more and more of our personal current account customers banking on the move with our mobile apps, there is clearly a need for us to continue to look for ways to support the changing needs of our customers. By offering Android Pay we’ll extend contactless payment capability to the majority of our customers who want to use their smart phone or device to make payments.”
Android Pay is easy to set up and customers will continue to get the same benefits and security that already come with their credit and debit cards.