Verizon Communications Inc. (NYSE:VZ) has announced an offer where it will give customers 2GB of free data when they sign up to Android pay from Alphabet Inc (NASDAQ:GOOGL).
The conditions of the offer include signing up for the mobile payment service. Users will receive 1GB of data when they make their first payment, and the other 1GB of data will be offered after using the payment service for the third time. The offer will remain open up to June 14, and users have until July 13 to redeem the free data. Additionally, the offer will be limited to Verizon’s postpaid customers.
Google claims that its Android Pay service can be used in more than 1.5 million locations. The service works with Android 4.4 and later versions of the OS. The company launched the service in May 2015 after it acquired a mobile payment firm known as Softcard. The latter previously worked together with Verizon, T-Mobile US Inc (NASDAQ:TMUS) and AT&T Inc. (NYSE:T). The mobile payment company was launched in 2011.
The offer will also complement Verizon’s other offers such as an extra 2GB for signing up to its 12GB monthly data plan. The carrier also has a 2GB data offer for customers who sign up to its Go90 video platform. Verizon has concentrated a lot on satisfying customers’ growing appetite for data as developers are creating apps that require a lot of data. Customers looking to fully exploit the carrier’s data offers can amass a lot of data. More offers are expected in the future to keep customers.
The partnership with Google will benefit the two firms, and the offers are a good way to attract subscriptions. Google’s mobile payment services are competing against other payment services such as Samsung Pay and Apple Pay from Apple Inc. (NASDAQ:AAPL). They are currently among the top players in the mobile payment industry which are still in its infancy stage. Analysts suggest that the mobile payments sector is one of the fastest growing industries, and it will be worth billions in the next five to ten years.