Android Pay's UK launch is promising but could be held back by malware concerns, security and payment experts warn.
A third of Brits think that in just five years time they will no longer need cash, according to a recent Lloyds Bank survey.
Transport for London TfL is one of those leading this cashless trend with 3.2 million commuters some 35,000 people a day paying for journeys with their mobile devices since Apple Pay s launch.
Simon Black, chief exec at international payment specialists PPRO Group, added that recent which looks at how Android Pay has recently been performing in the US offers some clues about its UK debut.
Since its launch in the US last September, Android Pay has been gathering momentum, with now over a million stores – such as Disney Store, Macy s and McDonald s – all accepting it for payments, Black said.
The head to head between Android Pay and Samsung Pay, a prime competitor, in the UK will be a key factor in shaping the emerging mobile payments market.