Overview#

From a consumers point of view, Both Apple Pay and Google Wallet are very similar in a lot of ways.

Both Apple Pay and Google Wallet are Mobile Payment services that use your smartphone to pay for things. Both of these payment methods depend on NFC hardware, the phone communicates wirelessly with the contactless payment terminal.

It’s similar to what Visa payWave and MasterCard PayPass use for contactless payments. This involves tapping or waving over a card over a reader instead of swiping or inserting the card.

For starters, they both work in most NFC enabled Merchant terminal. Apple made a big deal about partnering with certain stores like Whole Foods and McDonald's when it launched Apple Pay, but in reality any location that has an NFC-enabled point-of-sale system should work with Apple Pay or Google Wallet, of course, has worked with such systems for a little over three years. There are some exceptions.

Security#

Either Google Wallet or Apple Pay is more secure than your plastic Credit Card.

Both Apple Pay and Google Wallet require Multi-Factor Authentication and a NFC enabled phone.

Apple Pay

  • Must be iPhone6 with and use finger-print reader
  • Must have a credit card registered in advance
  • NFC enabled phone

Google Wallet

  • Default is to have a 4-digit pin (Uses "Touch ID" on iPhone)
  • Must have a credit card registered in advance
  • NFC enabled phone

The Payment Experience [1]#

With at least one credit or debit card’s detailed entered on your mobile app of choice, this is how they work.

Apple Pay Take your phone out of your pocket, rest a finger over the Touch ID sensor (without pressing down), and hold it over a contactless payment terminal.

The iPhone uses Touch ID to authenticate your fingerprint and immediately processes the payment.

Google Wallet Take your phone out of your pocket and hold it over the reader. You may then have to enter your Google Wallet PIN (if enabled), which should different from your phone-unlock PIN for security reasons.

The Winner#

Well, that should not really the question. No winner should be expected. Both Google Wallet and Apple Pay are good Mobile Payment platforms and both are more secure than any "magnetic stripe" card.

Where they SHOULD Work#

Apple Pay works on the iPhone 6 and iPhone 6 Plus, as older iPhones with Touch ID NFC hardware. Older iPhones do not have NFC.

Google Wallet works on a large range of Android phones, as many Android phones sold in the past few years have had NFC hardware in them. Google Wallet also works on the iPhone 6 and iPhone 6 Plus, and uses Touch ID (instead of a pin).

Apple Pay and Google Wallet, once set up, should work at any NFC enabled Merchant terminal.

Where they Will NOT Work#

Several CurrentC members are blocking other Mobile Payment] systems, we are assuming, only to prevent competition.
  • Wal-Mart
  • BestBuy
  • CVS
  • Rite-Aid

Apple Pay is US-only at this time. (2015-02-11) where Google Wallet is international (as of 2015-01-29).

More Information#

There might be more information for this subject on one of the following:

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« This page (revision-15) was last changed on 01-Nov-2015 13:55 by jim