Though technology seems to have gotten to a higher level with new innovations springing out every day, mobile wallets are still not that popular. However, PayPal, with its new collaboration with Android Pay is set to convince more people to join the campaign and be part of the cash-less and plastic-free future that is envisioned for the world.
The team: Android Pay and PayPal, has one aim – to ensure that mobile payments become stress free. It’s also to ensure that many people find convenience in using mobile wallets and thus change their cash habits to cashless ones.
The partnership is not just a simple integration. What it means is that PayPal will be enabled within Android pay; customers can then integrate PayPal with Android Pay. Users can also buy in-app, in-store, and online purchases where PayPal was previously not supported.
The collaboration is also another step by Google to give its consumers many choices when it comes to mobile wallets, especially at a time where PayPal is widely accepted, and used for online payment.
What’s in it for us?
For consumers, setting up an Android Pay account becomes very easy and simple. There’s no need to fill out complicated forms, just use your PayPal data, the two systems can easily be integrated and information shared. PayPal is a trusted brand, and the integration will get more PayPal users to put their trust in Android Pay.
This also means that PayPal might find its way into physical stores, giving customers more choices when shopping offline. PayPal, when introduced in the new integrated form, will be accepted by a lot of major retailers, including Walgreens, Dunkin Donuts, and Uber.
The integration is something that is not going to happen overnight. There’s far more work to be done than just the business-oriented collaboration. In the beginning, users will be able to use their PayPal accounts to make payments. The integration is going to be supported by Android Operating System version 4.4 and above.