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Google launches Android Pay mobile payments service in the UK

Android Pay is now available in the United Kingdom

Google has officially launched its new mobile payments service in the United Kingdom. The company is looking to compete with others in the mobile commerce space with its Android Pay platform, which has found modest success in the United States. This is Google’s first entry into the mobile commerce market, of course, as it released its Google Wallet platform some years ago. The rapidly changing market has pressured Google to launch a new service, however, which is where Android Pay comes into play.

Mobile commerce is growing quickly in the UK

The United Kingdom is a very attractive market for mobile commerce. Many consumers in the country are using their smartphones to shop online and purchase products in physical stores, taking advantage of the services that are available to them. The Android Pay service is the latest such service, which can be used by those with accounts with most of the UK’s major banks and credit card issuers. A growing number of retailers are beginning to rely on mobile payments services as well, which is creating new opportunities for platforms such as Android Pay.

Android Pay continues to fight for a foothold in the mobile commerce space

UK Mobile Payments LaunchAndroid Pay was launched last September in the United States and Google notes that it has signed 1.5 million people up for the service every month since then. Despite this, however, Android pay has struggled to find a foothold in the country. While the service is equipped with effective security features, many consumers in the United States are still not comfortable with the concept of mobile commerce. This is not the case in the United Kingdom, where many people have shown favor with being able to pay for products with their mobile devices.

Google to face more competition in the UK

Android Pay has managed to attract significant support from businesses in the UK, but it will still have to compete with other, more established mobile payments services in order to find success. One of Google’s major competitors in this market is Apple, which launched its own payments service in the UK in July of last year. Samsung, another player in the mobile commerce field, is also coming to the UK with its own payment service in the near future, which will further increase competition.

Huawei is expanding its mobile payments service in China

Huawei partners with China UnionPay to expand access to Huawei Pay

Huawei Technologies, one of China’s largest manufacturers of mobile devices, will be expanding its mobile payments service in the country. This will place Huawei in direct competition with Apple, which recently brought its own payment service to China, as well as several other companies that have already established a strong lead in this market. The launch a new era of its service, Huawei has partnered with China UnionPay. Together, these organizations will offer a service called Huawei Pay.

Consumers showed favor for Huawei Pay during its testing phase

The payment service is not actually brand new. The service was first launched in September of last year on a pilot basis. It was only available for use in a limited number of stores and restaurants in China, but proved somewhat popular among consumers. Now, Huawei wants to expand the accessibility of this mobile payments service to more consumers, allowing them to make payments with their smartphones. China UnionPay will provide support for the service, allowing those with accounts with the bank to use Huawei Pay as they see fit.

Competition in China’s mobile commerce space is growing at a rapid rate

Mobile Payments Service in China ExpandingChina’s mobile commerce space is already intensely competitive. The space is occupied by Alibaba, which is one of China’s largest e-commerce groups. The company currently holds a 70% market share in China’s mobile payments market. Tencent, another major Internet company in the country, holds a 19% market share in this market. Other companies are coming to China to find success in the growing mobile commerce market, but they may find very limited success due to the strong competition that exists within this space.

Consumers want secure mobile commerce solutions

Consumers see mobile payments as a convenient service, but many are still worried about the security of their personal information, which is why they avoid new payment services. Huawei Pay aims to allay consumer concerns with new security features. All transactions made through the service must be verified with a fingerprint scan, which will help protect consumer information from exploitation.