When it comes to stores, Android Pay users in Canada will be able to visit Tim Hortons, Loblaws, Petro-Canada, McDonald's, Indigo, Pizza Pizza, Sears Canada, Telus, Rogers, and Freedom Mobile stores and use their phone to make payments.
Following in the footsteps of Samsung Pay, Google is also launching its mobile payment service, Android Pay, in Canada which is one of the most advanced countries as far as viability for electronic transactions is concerned.
"With Android Pay our clients have another digital home for their CIBC credit and debit cards, allowing them to seamlessly tap and pay with their phones at retail locations across Canada", says Todd Roberts, Senior Vice President, Innovation, CIBC. Android Pay is created to align with industry tokenization standards, which means it does not share customers' actual credit or debit card numbers with the merchant when they pay in stores. Support for Interac-branded debit cards will begin roll-out on Monday, and support for American Express cards and Tangerine is coming later this summer. It can also be used for in-app payments in certain apps. But still two major institutions have been overlooked which are TD Canada Trust, and the Royal Bank of Canada. Like Apple Pay, which launched in Canada past year, Android Pay doesn't pass on your actual original payment card details to a merchant, but instead generates a unique token to use for transactions. "The convenient and secure payment option also offers an easy in-app payment function for clients to directly make purchases through their favourite retailer's app by simply selecting the Android Pay option at check out - this is the type of innovation our clients are looking for from their digital banking experience". You'll then need to install the Android Pay app from the Play Store.