Google announces Android Pay expansion to new markets, Assistant based transactions, and new Payments API

The second day of Google I/O 2017 saw tech giant announcing a slew of new payments features including a new Google API that will enable fast checkouts in apps and online, payments with Google Assistant, Android Pay extension to new markets and more.

The new Google Payment API, which will work with both verified credit or debit cards linked to a Google account, is launching to enable faster payments in apps and online by requiring only a security code or authentication with an Android device to complete a purchase. The new API will allow third party developers to charge you through your Google account, with Google handling the security and processing.

Google also said that Android Pay is now available in 10 markets, and will soon add Brazil, Canada, Russia, Spain and Taiwan. The company is also close to deploying a smoother mobile checkout experience for PayPal users.

As for the payments with Google Assistant, you will soon be able to send money to a friend by just saying 'Ok Google'. You will just have to provide a password or identify yourself using the fingerprint scanner to securely send money using the Google Assistant.

Google has also introduced a new way to get offers from your favourite stores. Android Pay will soon show you offers from merchants whose loyalty cards are linked to your account whenever you walk into their shops.