difference between android pay and amazon pay

Android and Amazon Pay are products of Google and Amazon.com respectively. Though they offer similar services, they are completely different.

Keep in mind that Google is globally trusted for it’s diverse online services, while Amazon.com is an established online retailer despite it’s slow move to expand.

The former has been in the digital market a lot longer than the latter and most of it services come for free.

While Amazon Pay is only available in English, Android Pay accommodates several languages including Russian, Japanese, Polish, Hungarian, Ukrainian and Chinese among others.

Officially, Amazon Pay was launched in 2017 but its services entered few markets in 2017 like the United States, Germany, and France.

Android Pay, on the other hand, came to life two years ago on September 11, 2015, as a proprietor. Let’s see how further they differ…

difference between android pay and amazon pay

International Release

After the official release of Android Pay in 2015, it’s popularity did not begin until May 2016, when it made a grant entry into the UK market.

It slowly began to gain the spotlight in Australia, Poland, Ireland, Japan, and New Zealand among others.

By the end of 2017, the app will have penetrated Canada, Spain, Russia, and Taiwan.

Statistics show that Android Pay will grab a large market share because there are so many countries supporting the app.

On top of that, Android devices are undeniably affordable and widespread.

According to World Remit 2017 report, the company has successfully introduced the app to 125 countries by charging a small mark up to cover the foreign exchange rates and a 5% maximum processing fee.

Contrary to Android Pay, Amazon has introduced the online payment method to very few nations that include the United States, Italy, Spain, Japan, France, Germany, and United Kingdom only.

It allows users to buy products or services from mobile apps and websites through payment methods available in Amazon accounts.

To diversify across the globe, Amazon pay will need to incorporate more languages instead of relying on devices that have inbuilt languages.

Integration

Both systems have successfully included banks, stores, and online retailers in their prospects; however, Amazon Pay seems to attract more vendors than Android Pay.

By October 2017, Google’s AP tweeted that they had support from 16 banks and credit unions like Hawthorn, Washington Savings, Chevron Federal, and Peoples Bank among others.

During summer, the numbers increased to 71 and add Apple Pay users to the tally since the brand uses NFC as well.

Also, MasterCard, American Express, Visa, and Discover were not left behind.

Amazon, on the other hand, invested in the Amazon Payment Partner Program that was launched on April 4, 2016.

It is designed to accommodate e-commerce providers and their merchant customers.

It comes with unique services and tools to help their partners expand their supply base by using Amazon Payments to keep the chain active.

It is available by invitation in Germany, Japan, United Kingdom and the United States.

Compatibility and Security

So far, one needs an NFC-empowered device that is running Android 4.4 KitKat and above.

Apart from bank cards, Android pay accommodates gifts and loyalty cards as well.

Security wise, user’s personal information is safely stored in the Google cloud network.

During transactions, a one-time 16 digit token is used, but all other details remain hidden from vendors or third parties.

Since Amazon Pay is web-based, it is compatible with any device with internet.

A password-protected account is created using a secure server connection that is closely monitored and maintained.

Another level of security is recommended as a precaution.

The multi-factor authentication keeps frauds away from individual accounts and allows users to transact without fear of exposure.

A lot of competitors are emerging with new mobile payments techniques that make Android and Amazon Pay look outdated.

So far, only Apple and Samsung Pay have appeared to take the challenge.

On May 24, 2016, the world leading mobile payment provider, PayPal,decided to join Android Pay.

Since then, GAP users are able to link PayPal to their profile.

Amazon Pay is currently trending on social media for creating a money-making opportunity for Alexa Skills Developers.

On top of that, they are working alongside Apple Pay to collect funds for the Hurricane Harvey survivors.

Through Amazon Pay, sales are increasing for retailers around the world as more than 2 billion smartphone users transact.

A recent market share chart revealed that Amazon Pay will soon overtake Paypal especially if the brand invests in integration.

Also, Amazon is expected to expand it’s horizons globally; however, it has a long way to go before it’s spotting the same figure as Google does.