Google has decided not to impose any credit card payment commissions for its newly released mobile payment service Android Pay.
This is part of its effort to catch up with Apple which entered the mobile payment market earlier.
Google’s no-commission policy will likely to generate an impact on Apple Pay which was launched last year, and Samsung Pay which is set to launch in September 2015.
Google unveiled its Android Pay at the world’s largest developer conference Google IO which was held at Moscone Center in San Francisco on May 28. Google plans to launch Android Pay service in the United States from the second half of this year.
At present, Apple charges 0.15 percent from each Apple Pay transaction as a commission. Google’ decision not to assess any commission reflects its strong willingness to get the upper hand in the mobile payment market. Google is also reviewing the ideas of providing various benefits to expand the use of Android Pay.
