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Monday, May 22, 2017

Google, PayPal to deliver mobile pay by fingerprint

During the Google I/O 2017 developer conference held May 17 to 19 in Mountain View., Calif., Google Inc. revealed that building upon a nearly three-year partnership with PayPal Inc., Android Pay users on Chrome mobile web will soon be able to pay at millions of online merchants that accept PayPal using their PayPal account and a fingerprint; no username or password required.

Addressing the importance of a seamless mobile checkout experience, Google Vice President of Payments Products Pali Bhat stated, "Mobile checkout remains one of the biggest sources of friction in the commerce experience, and we're excited to collaborate with PayPal on enabling streamlined checkout experiences for all Android Pay and PayPal users."

The news comes one month after the partners agreed to enable U.S. consumers to use PayPal as a payment method in the Android Pay wallet wherever Android Pay is accepted, both in apps and in stores. With the new service, Android Pay users that have linked their PayPal accounts should expect a more simplified payment experience online.

PayPal builds out mobile strategy

The latest development is part of an ongoing strategy for PayPal. "As more and more shopping moves to mobile and as we deliver great mobile customer experiences through our unique two-sided platform of over 200 million users and 16 million merchants, PayPal's mobile-first strategy is paying off," said Bill Ready, Chief Operating Officer at PayPal. Major card brands and other key stakeholders have also aligned with PayPal.

In addition to being able to pay with PayPal on Chrome mobile web via Android devices, PayPal's other initiatives are gaining momentum. "PayPal's One Touch is another way, and enables consumers to securely check out across platforms and devices without having to type in any payment information once logged in," Ready said, noting that over 53 million people globally have opted into One Touch, which is available at over 5 million merchants. end of article

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