Tech giant Google has unveiled its contactless payment service, Android Pay, in Australia that will allow users to pay for anything using their NFC enabled smartphone.
The contactless payment system works on just about any Android phone with an NFC chip. To start using Android Pay, the users will have to download the Android Pay app on Google Play and have an eligible American Express, Visa branded credit or debit card.
Once it is set up, users will be able to unlock their phone and hold it close to a payment terminal to pay for any goods.
During the transaction through Android Pay, the phone transmits a digital 'token' instead of the real card number, thereby ensuring optimum security to every transaction.
Google said that it will soon support credit or debit card of more than 25 banks and credit unions, such as ANZ, American Express, Macquarie, MyState Bank, and Teachers Mutual Bank.
ANZ became the first major bank to support Android Pay in Australia.
ANZ CEO Shayne Elliott said: “Being the first major bank in Australia able to offer Android Pay is another important milestone for ANZ as we work to build the best digital bank for our customers.
“Given Android is the most popular smart phone operating system in Australia, we know today’s announcement will be well received by both our retail and merchant customers.”
Google senior director of product management Pali Bhat said: "We're excited to bring the simplicity and security of mobile payments to ANZ customers with Android Pay.
“Using Android Pay is more secure – and much faster – than rummaging through your wallet for a plastic card. Starting today, people will be able to use their Android device to pay at almost 800,000 contactless payment terminals in Australia."