PayPal and Android Pay are partnering to let users use their PayPal account like they would regularly use Android Pay. You’ll soon be able to link your PayPal account with Android Pay, so that in addition to whatever gift cards or credit cards you’ve already added to Google’s service, you can opt to use your PayPal account to buy something on an Android app or to tap to pay at stores. According to Google higher ups, the feature is rolling out over the next few weeks. The partnership and compatibility was rumored in early January of this year, and PayPal confirmed at the Mobile World Congress in February that its Android app would be able to handle NFC transactions.
Then it was being reported that the company partnered with Vodafone to bring NFC payments to Vodafone Wallet users in Europe and was also coordinating with telecom providers in Mexico (Telcel) and Brazil (Claro) to bring mobile payments to millions of other users. Now with Android Pay, PayPal will have extra support to entice people around the world to use its payment system. 18 million consumers are presently and regularly using PayPal’s One Touch mobile payment solution since its launch in August 2014. PayPal has also announced recently that this payment system is now being rolled out to an additional 120 markets, taking the total to 143 territories.
Ironically, the company has in the past taken an anti-NFC stance, though then-president David Marcus revealed in April 2014 that the company was taking a second and even third look at NFC as one of “three technologies that might truly change the retail experience as we know it.” PayPal began piloting NFC in April last year when it reported a 40% growth in mobile payments. Thus, an upcoming version of the app will support NFC starting in the US and Australia later this year, as the company announced previously at the Mobile World Congress.
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Android users will be able to simply tap and pay with their PayPal app at nearly any location that accepts contactless payments in the US and Australia. The announcement follows PayPal’s partnership with Vodafone to allow Vodafone Wallet users across Europe to make NFC payments with their mobile phone. According to Dan Schulman, president and CEO of PayPal, “We have a tremendous opportunity to transform commerce and financial services and mobile is at the center of that evolution. We are committed to giving people flexibility and choice in the ways they move and manage their money.”