A new competitor entered the mobile payment industry on Wednesday in the form of Google 's Hands ##et app system , which eliminates the need for a physical connection between a phone and terminal by using wireless broadband and Wi - Fi networks . Critics have praised the app 's " personalised , fast and frictionless experience . " Bhat said that there are two distinct sets of merchants that Google seeks to include in its broader rollout once the beta is concluded: larger merchants like fast food giants, but also SMBs with the same needs as the larger merchants – friction-free checkout. Google 's mobile payment platform , Android Pay , is also said to be gaining ground , having attracted around 1.5 million new US users per month since its launch in September 2014 .
A new competitor entered the mobile payment industry on Wednesday in the form of Google 's Hands ##et app system , which eliminates the need for a physical connection between a phone and terminal by using wireless broadband and Wi - Fi networks . Critics have praised the app 's " personalised , fast and frictionless experience . " Google 's mobile payment platform , Android Pay , is also said to be gaining ground , having attracted around 1.5 million new US users per month since its launch in September 2014 .