Pay Your Way With Android

Credit cards, debit cards, loyalty cards, cash, coins. Forget fumbling through your wallet next time you’re in a store—what if you could pay with just a tap?  Introducing Android Pay, the simple and secure way to pay with your Android phone.

Things are more interesting when we create them together. So we’ve approached Android Pay the same way we approach every other part of the Android family -- partnering with the ecosystem -- bringing together mobile carriers, payment networks, banks and retailers to deliver you choice and flexibility. And offering developers an open platform to collectively push mobile payments forward.

Tap to pay in stores

With Android Pay, you can simply unlock your phone like you normally do, place it near a merchant’s contactless terminal, and you’re good to go. Android Pay does all the heavy lifting. You don’t even need to open an app—just tap and go. You’ll also see a payment confirmation and get transaction details right on your phone.
Also, with select retailers, your loyalty programs and special offers will be automatically applied at checkout. For example, when you tap to buy a Coke at a vending machine, your MyCokeRewards will be automatically applied. With Android Pay the contactless terminal not only receives your payment info, but also your loyalty programs and offers.

Tap to pay in apps 

Making an online purchase? The days of entering your credit card and shipping address each time you make a purchase online will be a thing of the past. Just select “Buy with Android Pay” and leave the rest to us; checkout is as fast as a tap.
To make it easier for developers to add Android Pay to your favorite apps, we’ve designed our platform to work with any payment processor. And we’re partnering with top payments processors including Braintree, CyberSource, First Data, Stripe and Vantiv to make integration even easier.

The choice is yours 

With Android Pay you will be able to pay with your credit or debit card, across multiple Android devices, and at thousands of stores and apps that you already know and love. And by enabling bank apps to integrate with our platform, you’ll be able to add your credit and debit cards directly from bank apps for use with Android Pay.
It's still early days, but we're very excited and think that this type of open platform will help drive adoption in mobile payments.
Security is at the center of Android Pay
We know how important it is for you to keep your personal and financial information secure. Therefore, we’re working with leading payment networks and financial institutions in the US to deliver industry standard security tokenization, to support Android Pay’s launch later this year.

So when you shop at a store, Android Pay won’t send your actual credit or debit card number with your payment. Instead we’ll use a virtual account number to represent your account information -- providing you with an extra layer of security. And if your phone is ever lost or stolen, simply use Android device Manager to instantly lock your device from anywhere, secure it with a new password or even wipe it clean of your personal information.

Shop at your favorites 

Android Pay will soon be accepted at over 700,000 store locations from your favorite brands across the US, and in over 1000 Android apps. And we’ll be adding more every day. 

Android Pay in stores

Android Pay in apps

Stay Tuned

Android Pay will be available on Google Play for download soon. And when your bank integrates, you could also activate Android Pay directly from your bank app. We are also working with major US mobile carriers (AT&T, T-Mobile, Verizon) to help ensure that when you buy a new Android phone, you can walk out the door ready to use Android Pay.

Pay your way with Android first appeared on Android Official Blog

EMV Credit Card Machines

If you have a merchant account and especially if your have a credit card machine you may have heard about EMV technology.

EMV stands for Europay, MasterCard and Visa, have developed new technology to increase security with regards to transactions.  As a result merchant's using credit card terminals not offering this technology will bear the responsibility of any fraud as of October 2015! EMV credit card terminals can be expensive and it would be smart not to get stuck with a lease where you usually end up paying 10-20 times what the credit card terminal is actually worth. There are processors that will offer free emv credit card machines. Most companies offering free credit card terminals may  have a contract so make sure the one you choose does not or you may get stuck with hidden fees.

Here is some more information on EMV:

The deadline is fast approaching for businesses to transition to EMV card technology.

WHAT IS EMV?

EMV cards contain a chip, in addition to the traditional magnetic strip, that is used to transmit data. Unlike standard magnetic card, EMV cards create a unique transaction code every time they are used. Each code can only be used once, making fraud more difficult and less likely to occur.

WHAT IS THE PURPOSE OF EMV?

Create Universal Standards EMV has been around since 1992 U.S. is one of the last to adopt the card technology Makes traveling and doing business overseas easier Increase Security U.S reported $11 billion in credit card fraud in 2013 (Almost half of the world’s credit card fraud) EMV can help protect both consumers and businesses Fraud losses for brick and mortar retailers dropped 60% in the UK after adopting EMV technology

HOW TO PROCESS EMV TRANSACTIONS

EMV is a card-present technology that can be processed several ways.
Contactless Those individuals with NFC enabled cards (dual mode) can tap the card in front of a NFC enabled POS device and then provide either a PIN or signature. Chip & Pin Insert the card into a POS device which keeps the card until a PIN number is provided. (Most used worldwide) Chip & Signature Instead of providing a PIN to complete a purchase, this process just requires a signature. (Most likely to be implemented in the U.S.) Chip Only If a transaction is under a specific floor limit, neither PIN nor signature may be required.

UNDERSTANDING THE FRAUD LIABILITY SHIFT

Mark Your Calendar for October 2015 While each card payment brand (Visa/Mastercard/Discover/American Express) has their own unique description for the changes in liability, all agree that beginning in October 2015 when a fraudulent transaction occurs, whichever party (Merchant/Processor/Card Issuer) is the cause of the contact chip transaction not occurring will be held financially liable for any resulting card present counterfeit losses.

Responsibilities By the end of 2015, an estimated 70% of credit cards and 40% of debit cards in the U.S. will support EMV Merchants are responsible for having and EMV-compliant terminal Merchants are responsible for working with their Processor to ensure that the terminal is capable of accepting EMV transactions

PREPARING YOUR BUSINESS FOR EMV

When it comes to preparing your business for EMV adoption and standardization, the countdown is on. As a retailer, your first order of business should be the development of a detailed, time-sensitive EMV roadmap. Use it to outline the steps you'll take to be in compliance by the time October 2015 rolls around. By having everything upgraded and ready to go ahead of time, your business will be prepared to meet the requirements and ensure that you are not held liable for fraudulent transactions.

EMV Credit Card Machines first appeared on Credit Card Processing Blog