Google, Apple to Adjust Strategies on Mobile Payments

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WASHINGTON: Apple and Google are going head-to-head in mobile payments, as they prepare to push deeper into digital wallets.

They are planning to introduce a service called “Android Pay” that will let merchants accept credit card payments from inside their mobile apps and can be integrated with loyalty programs at retailers.

Google Wallet, a mobile commerce app, will also be reintroduced as a peer-to-peer payments app that consumers can use to send money to each other directly from their debit accounts.

Apple is preparing to announce details about enhancements to Apple Pay at its software conference next month.