Faster Checkout With Apple Pay And Android Pay!



It’s time to try a faster, easier and secure way to pay.

Use your digital wallet online,

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Mobile Banking requires that you download the Mobile Banking app and is only available for select mobile devices. Message and data rates may apply. Sequences shortened. Screen images simulated.

or on the go for a fast, easy, and secure way to pay. Here’s how it works...

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Get started

First, you’ll need to add your Bank of America credit or debit card to your digital wallet.

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Faster Checkout With Apple Pay And Android Pay!With

Apple, Google Pay, Samsung Pay

Open the digital wallet app on your phone to follow the simple steps. OR, for an even easier way to add your card, open our Mobile Banking app, tap “Menu,” and select “Manage Debit/Credit Card.” Then tap “Digital Wallets.”

Choose a wallet that works for your phone, and follow the easy steps to add your card.

Now that your card is in your digital wallet, it can be used for secure payments, and can’t be used for a payment without your authentication. So, your information is protected, even if your phone is lost or stolen.

And when you make a payment using your digital wallet, your card number will NOT be shared with the seller.

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Making Payments

Now you’re ready to pay!

Use your wallet to pay on the go wherever you see the contactless symbol by holding your phone up to the symbol on the terminal.

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Faster Checkout With Apple Pay And Android Pay!

Shopping online or in-app

You can also use it when shopping online or within an app. Just look for the digital wallet logo at checkout!

Now you can use your phone to make secure payments, at your favorite places to shop, faster and easier than ever with your digital wallet.

Add your card today.

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bankofamerica.com/Ways2Pay

Disclosure:

Mobile Banking requires that you download the Mobile Banking app and is only available for select mobile devices. Message and data rates may apply. Sequences shortened. Screen images simulated.

Android, Google Play and Google Pay is a trademark of Google LLC.

Apple, Apple Pay, Apple Watch, the Apple logo, Face ID, iPad, iPhone, Mac and Touch ID are trademarks of Apple Inc., registered in the U.S. and other countries. For a list of compatible Apple Pay devices, see support.apple.com/km207105.

Faster Checkout With Apple Pay And Android Pay!

Samsung and Samsung Pay are registered trademarks of Samsung Electronics Co., Ltd.

This credit card program is issued and administered by Bank of America, N.A. Deposit products and services are provided by Bank of America, N.A. and affiliated banks, Members FDIC and wholly owned subsidiaries of Bank of America Corporation. Bank of America, the Bank of America logo and “What would you like the power to do?” are registered trademarks of Bank of America Corporation. All other company and product names and logos are the property of others and their use does not imply endorsement of, or an association with, the credit card programs.

Bank of America, N.A. Member FDIC. © Bank of America Corporation. 28709652

Although Apple Pay currently has more monthly users than Samsung Pay and Android Pay combined, an analyst cited in a recent report by Bloomberg claims that Samsung Pay is growing faster than Apple Pay. But it’s not just Samsung Pay that’s growing quickly. Both Samsung Pay and Android Pay have the same number of monthly active users – five million each – and both came out at the same time.

The reason Apple Pay has the bigger subscriber base is because Apple Pay has a year-long head start on its Android and Samsung equivalents, launching in October 2014. Both Samsung Pay and Android Pay arrived in September 2015.

Bloomberg

But Apple Pay still only has 12 million monthly active users compared to the five million subscribers each for Samsung Pay and Android Pay. We can’t say if Android Pay’s current growth curve is faster than Apple Pay’s as we haven’t seen recent adoption rate figures, but it seems likely.

Faster Checkout With Apple Pay And Android Payroll

We can't say if Android Pay's current growth curve is faster than Apple Pay's, but it seems likely.

Samsung Pay’s rapid growth is perhaps not too surprising, considering it works with both newer NFC payment terminals as well as the older magnetic stripe terminals (called MST). Both Apple Pay and Android Pay only work on NFC-equipped payment terminals. Having said that, the fact that Android Pay has the same number of users as Samsung Pay is an noteworthy achievement.

Faster Checkout With Apple Pay And Android Payments

Of course, device penetration is a contributing factor for Apple Pay’s growth, with the U.S. being Apple’s typical stronghold. But Samsung is tackling touchless payments in North America head-on, having just signed up Wells Fargo to the service today, making Samsung Pay compatible with 70 banks and credit unions covering 70% of the U.S. credit and debit card market. Canada has also been added to the North American roadmap.

Samsung Pay will also launch in China this month, with Australia, Brazil, Spain, Singapore and the United Kingdom scheduled for later this year. Samsung Pay may only be available on the new Galaxy S7 and S7 Edge and last year’s Galaxy S6, S6 Edge, S6 Edge+, Galaxy Note 5, Galaxy A7 and A5, but as more new device come out supporting Samsung Pay, you can expect the number of subscribers to soar.

Faster Checkout With Apple Pay And Android Payment

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Faster Checkout With Apple Pay And Android Pay Online

The same can be said of Apple Pay and Android Pay generally too. As more and more devices and institutions support touchless payments and the concept becomes more natural, usage rates will explode, not only in terms of monthly users but also the frequency with which touchless payments are made. If you’ve never paid for anything with your phone before, 2016 might just be the year you do.

Have you used any of these services yet? Let us know your thoughts on them below.