Amazon Pay vs. Google Pay Comparison

What is Amazon Pay?

Amazon Pay refers to itself as an "online payment option trusted by hundreds of millions of Amazon customers." In other words, Amazon Pay is a payment solution that allows Amazon customers to pay in the retailer's own online store using the information already stored in their Amazon account. The solution is supposed to be suitable for a wide range of payment needs: from immediate payment to recurring payments to refunds. According to their own information, the advantages of using Amazon Pay include building trust, reducing barriers to payment through an optimized checkout process, and offering voice recognition.

What is Google Pay?

Google Pay, or G Pay for short, enables contactless payment in local shops, apps, or in webshops via Android smartphones or smartwatches. For use on the customer side, the bank or credit card (multiple cards are also possible) is stored in the app and linking to PayPal is also possible. G Pay does not store the card number, but uses an encrypted virtual card number to protect the payment information alongside other security layers. Users can also use Google Pay in stores that offer 'contactless payment' for debit and credit cards. In addition, the webshops where users can use G Pay are displayed in the app. Companies should be able to integrate the payment method easily and free of charge via an API. Besides faster payment processing, companies can also integrate their loyalty and reward programs into G Pay.