It’s that time of year, folks. Google I/O is upon us and the search giant, per usual, has a number of big announcements on hand. Just a few moments ago, Google announced a new payment platform dubbed Android Pay that will be coming to Android M.

As one would expect, Android Pay will seemingly operate much like Apple Pay, with fingerprint authentication as well if desired. As for how it works, it’s rather simple. Simply unlock any NFC enabled Android device and hold it in front of a NFC terminal. Notably, your actual credit card number will not be shared with any store.

Notably, Android Pay will reportedly work with devices running KitKat as well.

In keeping with Google’s bread and butter, Android Pay is slated to be an open platform, which is to say that users will be able to add and activate their credit card into Android Pay either via Google’s built-in method or via each individual bank’s own application.

What’s more, Android Pay will also allow app developers to integrate such payment functionality into their own apps. For instance, apps like Lyft will now include an Android Pay payment option that will save users from having to tediously enter in their credit card information.

At launch, Google boasts that Android Pay will work at over 700,000 stores, including Best Buy and McDonald’s. As expected, Android Pay will work with all of the major credit card companies; Visa, MasterCard, American Express, and Discover.

Developing…

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