Google Plans to Knock Down Apple Pay With its New Pay Service ‘Plasco’
The battle to bring out an invincible pay system is getting tougher by the day. Google launched a mobile payment assistance app called Google Wallet in 2011 but got overshadowed by Apple Pay, which made a late entry last year in October. The internet search beast is not quietly accepting the competition; according to reports, Google is now planning to roll out a new pay service.
Tentatively titled as ‘Plasco’, Google’s forthcoming service is one step ahead of all the payment services ever emerged. If the rumours are to be believed, then Plasco has been designed in a way that Android users don’t require to take their phones out of their pockets. The new system activates on its own when a user enters a store with Bluetooth on. At the time of paying to the retailers, users just have to utter their initials at the cash counter, and the payment will be made automatically.
The service runs as an app and is provided to retailers by Google. When users step in a store, the retailers are notified of the Plasco users and can make the payment. Clearly the system seems too easy to be secure. Right now, Google is in the testing phase, seems like there is some time before we know clearer details and features about the service.