Google has partnered with Emirates NBD, Emirates Islamic, Mashreq and Standard Chartered banks
Google Pay is now available in the UAE, allowing Android users to pay with their phones, Google announced on Wednesday.
Google pay is designed to simplify shopping by allowing users to pay safely in apps and online, as well as in store that support the Google pay system, in just a few seconds.
To use the system, users need to add their supported Mastercard or Visa cards issued by partner banks – which so far include Emirates NBD, Emirates Islamic, Mashreq and Standard Chartered. In a statement, Google said that RAKBANK is also expected to come on board as a partner soon.
Following the addition of a credit card, users need only to wake up the phone and tap it to contactless payment terminals. Transactions above AED 300 also required the entry of a pincode into the payment terminal.
According to Google, the system is designed with security in mind. The credit card number is neither stored on a mobile device nor in the system of the seller.
When paying in stores, transactions are made using a device-specific virtual card number, known as token.
If a phone is lost or stolen, users can instantly lock their device using the “find my device” function, or wiped it clean of their information without having to deactivate the card itself.
Google Pay is now available on all Android devices running on Lollipop 5.0 or higher.For all the latest banking and finance news from the UAE and Gulf countries, follow us on Twitter and Linkedin, like us on Facebook and subscribe to our YouTube page, which is updated daily.