Mobile payment technology offers a secure way for Android Device users to pay
Consumers across Canada can now “tap and pay” using their Android devices. Elavon, a leading payments solution provider in Canada, has partnered with Google to enable the Android Pay™ mobile payments technology at merchant locations across the country.
"We're excited to bring the simplicity and security of mobile payments to Elavon customers with Android Pay," said Pali Bhat, Global Head of Payment Products at Google. "People throughout Canada can now use their Android device to pay at hundreds of thousands of contactless payment terminals in the country."
More than 80 percent of Canadian wireless subscribers have a smartphone, more than half of which run a version of Android as their operating system, according to the 2015 Canada Digital Future in Focus findings from comScore. That was up from 44 percent using Android systems the year before.
For consumers, it’s as simple as tapping their Android device to pay. First, consumers should download the Android Pay app and set it up by adding an eligible credit or debit card. Android Pay then works at any Elavon merchant that currently accepts contactless transactions on the point-of-sale (POS) terminals. Consumers simply wake their phones and place it near the contactless reader. The payment information is then securely passed to the point-of-sale system.
For merchants, Android Pay offers fast payment acceptance and the ability for consumers to add loyalty programs and special offers. Android Pay transactions are also protected by multiple layers of security. When a consumer adds a credit card to Android Pay, the actual card numbers are not stored on the device. Instead, a unique virtual account number is assigned to the card and stored on the device.
Mia Huntington, senior vice president and general manager of Elavon Canada, said, “Elavon has been an early supporter of mobile payments, and Canadians continue to demonstrate their interest in adopting new payment technologies. By using Android Pay, Canadians can leave their credit cards at home, tap to pay with their mobile device at their favourite merchants, and know that those transactions are processed on systems with multiple layers of security.”
In addition to Canada, Elavon offers Android Pay acceptance in the U.S., U.K., Ireland and Poland and it continues to support Android Pay as it rolls out globally. To learn more about Android Pay in Canada, view our video.
For more information on Elavon’s leading payment services in Canada, please visit www.elavon.ca.
Contact: Jennifer Weisman - jennifer.weisman@elavon.com - 416.640.2640 x251
Notes to editors
About Elavon
Elavon is a leading global payments company with more than 4,300 employees and operations in 10 countries. A subsidiary of U.S. Bancorp (NYSE:USB), Elavon provides businesses with the technology needed to accept payments from customers, whether they are shopping in stores, at home or on the go. Its platform is distinctive in that it is common across countries, making it easier for businesses to get their payment system up and running quickly and securely.
Elavon Financial Services DAC, trading as Elavon Merchant Services, is regulated by the Central Bank of Ireland and the Prudential Regulation Authority and subject to limited regulation by the Financial Conduct Authority and Prudential Regulation Authority. Details about the extent of our authorization and regulation by the Prudential Regulation Authority, and regulation by the Financial Conduct Authority are available from us on request.
About U.S. Bank
U.S. Bancorp, with 74,000 employees and $488 billion in assets as of September 30, 2019, is the parent company of U.S. Bank National Association, the fifth-largest commercial bank in the United States. The Minneapolis-based bank blends its relationship teams, branches and ATM network with mobile and online tools that allow customers to bank how, when and where they prefer. U.S. Bank is committed to serving its millions of retail, business, wealth management, payment, commercial and corporate, and investment services customers across the country and around the world as a trusted financial partner, a commitment recognized by the Ethisphere Institute naming the bank a 2019 World’s Most Ethical Company. Visit U.S. Bank online or follow on social media to stay up to date with company news.
Visit U.S. Bank and Elavon online or follow on social media to stay up to date with company news.
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