Looks like Google finally has an answer to Apple Pay. We had earlier brought you a story about Google’s plan to unite Android Pay and Google Wallet into a single app called Google Pay.
A couple of months from now, users in the US and the UK, according to Google, will be able to send money to one another using Google Pay Send. This will almost bring Google’s new payment tool at per with Apple Pay, which was launched last year as well as PayPal and Venmo.
Google, according to CNBC is working with partners to enable users use Google Pay to purchase goods online through websites or use Google Assistant. Roll out has begun but could take additional days before the app gets to every Android users.
Google says it has plans to roll out Google Pay to all of its products to make checkouts a breeze:
“We’re currently working on bringing Google Pay to all Google products, so whether you’re shopping on Chrome or with your Assistant, you’ll have a consistent checkout experience using the cards saved to your Google Account. We’re also working with partners online and in stores, so you’ll see Google Pay on sites, in apps, and at your favorite places around the world,” Google said in a blog post.
Here are some of the features to look out for in the new payment app:
- Cards tab: The Cards tab is an easy way to keep everything you need at checkout organized and at the ready. This tab is where you will be able to store your credit and debit cards, loyalty programs, offers, and even that stack of gift cards from last year’s birthday.
- Works in transit: You can use the app to make payments while in transit. It currently will work in cities like Kiev, London, and Portland, but Google plans to add more cities soon.
- Encryption: Google Pay comes with strong security protections to safeguard your account and personal data from security threats.
- Bank details are protected: Choose Google Pay at checkout and pay with a few quick clicks instead.
Last year, Google launched a new payment app called Tez designed for the Indian market. Tez is translated to mean “fast” in Hindi and comes with a digital wallet that will enable users in India to store currency.
Tez uses UPI (Unified Payments Interface) and is designed to work with all major banks, including Axis, HDFC Bank, ICICI and State Bank of India. Since it uses UPI, the new app will allow you to transfer money to other users at no cost.
You will be able to enjoy a simplified checkout system while using Tez. Credit card support and third-party wallets have also been added to enable the new platform compete with popular wallets like Paytm and Mobikwik.