Global search engine giant Google has revealed at the Mobile World Congress in Spain that it is working on its own biometric mobile payment system – Android Pay.Sundar Pichai, senior VP at Google who is responsible for Chrome, told the conference that Android Pay will become a framework where third party developers, particularly in areas such as Africa and China can use it to build their own mobile payment platformPichai confirmed that Android Pay will eventually support biometric authentication and that it will use the token card number system that others like Samsung has opted to offer. Samsung Pay was also unveiled at MWC2015 on Sunday.To be launched in Summer, Samsung Pay has already signed up Mastercard, American Express, Bank of America, Citi, JPMorgan Chase, and U.S. Bank, among others.While like its Apple rival the payments system combines fingerprint authentication, NFC and tokenisation, Samsung's acquisition of LoopPay last month means it can also include tech that makes its payments system backwards compatible with mag strip readers.
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