Android Pay available in the UK

Users of Android smartphones will now be able to pay using their digital wallet stored on their phone in shops and on third-party apps.

Released as a competitor to the existing Apple Pay platform, Android Pay will allow more people to pay quickly and simply, without the need for a physical wallet.

With reports revealing that 60% of smartphone users in the UK own an Android handset, Android Pay’s launch could see a sharp increase in the number of mobile contactless transactions.

The platform has the same maximum spending limit of £30 as Apple Pay, however Android have stated that by upgrading terminals, business owners can choose to accept higher amounts in the future.

Differing from Apple Pay, the new launch from Google will also offer incentives for Android customers to pay using their smartphone. The company is launching a monthly promotion named “Android Pay Day”, allowing users access to discounts on the Tuesday before payday.

Benefits such as discounted coffee from Starbucks, and reduced price takeaway food from Deliveroo are amongst the initial offers announced, with Google promising more offers to come.

Banks that are supported on the Android Pay platform are Bank of Scotland, First Direct, Halifax, HSBC, Lloyds Bank, M&S Bank, MBNA and Nationwide Building Society. Barclays customers will not be able to use the app, as Barclays are launching their own product to compete in the digital wallet landscape.

All of Handepay’s terminals support Android Pay payments, alongside Apple Pay and contactless cards. Find out more to see what your business could save.

Financial disclaimer:

Terminal hire contracts are provided by Merchant Rentals Limited, who is authorised and regulated in the UK by the Financial Conduct Authority (FCA) for Consumer Hire under FRN 720500. Terminal hire can be for consumer hire and non-regulated hire contracts. Please check your contract carefully for details. Regulation of all consumer hire fall under the control of the FCA.

Handepay Ltd is authorised and regulated by the FCA for Consumer Credit under FRN 673564. Handepay is a credit broker for consumer hire not a lender.

Handepay acts as an introducer of card acquiring services on behalf of EVO Payments UK, the card acquiring service provider. EVO Payments UK is the trading name of EVO Payments UK Ltd, a payment institution that is authorised and regulated by the Financial Conduct Authority (FRN number 959332).

Existing Cards Businesses- The one-month rolling terminal hire contract from Merchant Rentals is only available to businesses that are switching from their current acquirer to EVO Payments UK arranged through Handepay.

New to Cards Businesses- The 12-month terminal hire contract from Merchant Rentals is only available to businesses that are new to card payments and wish to receive acquiring services from EVO Payments UK, arranged through Handepay.

The Next Day Banking Settlement service provided by EVO Payments UK incurs an additional fee of £4 a month on top of your acquiring service charges and fees. Provided your card machine performs a reconciliation before 12am (midnight), you’ll receive settlement of funds the next banking day.

Editorial disclaimer:

The information we provide does not constitute financial advice and might not apply to your business. Always carry out research into your business’ needs when choosing a new merchant services provider.

Sometimes, we link to other third-party websites to provide you with additional information. At the time of publication, we consider the information accurate, however, we do not have control over their content and are not responsible if any information on these websites change.

The products we display on our website are for illustrative purposes only - if your business requires additional facilities, you may receive a different model than advertised.

All of the information contained on this website, including fees, services and functionality, are correct at time of publishing. E&OE.