Source : pay.google.com
Google just entered the digital payment arena, with its new service Google Pay or G pay. It’s going to take over the field of digital payments soon, according to its specs and features.
Heavy reliance on digital activities has triggered many original ideas to smooth out and facilitate the virtual transactions. Google has always been leading in the field of networking and has ever laid out before us new life-changing arenas. The latest endeavor of Google in the year 2018, is the feature called Google Pay (stylized as G Pay) which is a digital wallet that can be used for online payments and money transactions. “Money made simple” the motto is their agenda which can be witnessed through the welcoming features in Google Pay for all digitally inclined people.
What is Google Pay?
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Google Pay or G Pay is a digital wallet that offers a smooth transaction of money online. G Pay is the result of the union of the old Android Pay and Google Wallet, occurred on 8th January 2018. All the features of Android Pay are still available in the Google Pay while the features of Google Wallet can be found in Google Pay Send, which is a separate app at present. A new API is added to the rebranded service that allows the merchants to add payment services to websites and apps, Stripe, Braintree and Google Assistant. The users can use the payment cards they have on file with Google Play. The Google Pay also added support for boarding passes and event tickets that came into effect in May 2018.
Services added to the Google Pay:
A simple way to send or receive money.
Sending and receiving money have never been easier. You can do both at zero cost and that too straight from your bank account to almost anyone. These transactions are possible with the contacts even if they are not on Google Play. Activities like sending money to your family, paying the rent, splitting bills can be done without a hitch.
Shopping and Recharge:
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You may recharge your phone at once, and in just one tap the job is done. A similar kind of ease can be found while shopping as well, either online or in a store. Most importantly all your past transactions will be saved for you to accessed regularly so that you can keep things in control.
Perks of using Google Pay
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Google Pay is almost everything you need while you are making any purchase. It keeps all your info safe and keeps track of your purchasing activities, payments, and redemption of loyalty points. The setup of the app is simple. The app can be downloaded from Google Play, and it works on Android devices which is KitKat 4.4 or higher. Google Pay is now accepted in millions of places all over the world.
You can win scratch cards and other rewards up to Rs.100000.There is no need to seek out the coupon codes; the awards go directly into your bank accounts.
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Google Pay never sends your MasterCard or Debit Card number with your payment. Instead, a virtual account is created which represents your account information and keeps your card details safe. You can use your existing bank accounts for all the activities provided your bank supports BHIM UPI. If ever your phone gets stolen, you can lock or erase the mind from anywhere from Google Find My Device.