Google Pay

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Google for India 2021: Google Pay to get Bill Split feature, Hinglish language option, MyShop tool
News & Analysis

Google for India 2021: Google Pay to get Bill Split feature, Hinglish language option, MyShop tool

As a part of the company’s Google for India 2021 vision, customers are also getting a pilot Google Assistant-enabled, end-to-end vaccine booking flow in India.

South Korea bans Apple and Google monopolies, makes it illegal for tech giants to force app developers to use its payment systems
News & Analysis

South Korea bans Apple and Google monopolies, makes it illegal for tech giants to force app developers to use its payment systems

The two tech giants dominate the online app market in South Korea, the world's 12th largest economy known for its technological prowess.

Google Pay expands 'cards tokenisation' with SBI, IndusInd Bank, HSBC and Federal Bank
News & Analysis

Google Pay expands 'cards tokenisation' with SBI, IndusInd Bank, HSBC and Federal Bank

Card tokenisation feature allows users to make payments by a secure digital token attached to their phones.

UPI recorded 2.23 billion transactions worth Rs 4.16 trillion in December 2020 reports NPCI
Business

UPI recorded 2.23 billion transactions worth Rs 4.16 trillion in December 2020 reports NPCI

This is a 1 percent jump in volume and a 6.4 percent surge in value for UPI from November which had seen 2.21 billion transactions worth Rs 3,90,999 crore.

Google Pay is reportedly killing peer-to-peer payment facility on its web app from January 2021
News & Analysis

Google Pay is reportedly killing peer-to-peer payment facility on its web app from January 2021

With this, the site's other functions such as managing payment methods will reportedly not be affected.

Google Pay returns to Apple App store after being pulled down for a couple of days
News & Analysis

Google Pay returns to Apple App store after being pulled down for a couple of days

Some Apple iOS users might experience persistent payment failures on their transactions in the near future.

Google Pay introduces a NFC-based tap and pay feature for Android users in India
News & Analysis

Google Pay introduces a NFC-based tap and pay feature for Android users in India

Google has partnered with Visa and other banking partners to bring this feature. It is available for Axis and SBI Cardholders.

Google Pay tests NFC-based contact-less card payment feature in India
News & Analysis

Google Pay tests NFC-based contact-less card payment feature in India

The service seems to be currently avaialble only on Axis Bank credit/debit and SBI credit cards for a set group of users in India, reports said

Google Pay says all transactions are fully protected by redressal processes laid out by RBI, NPCI
Business

Google Pay says all transactions are fully protected by redressal processes laid out by RBI, NPCI

The statement comes against the backdrop of social media buzz that issues that might arise while transferring money through Google Pay cannot be redressed under law as the app is unauthorised.

Google Pay may become a one-stop portal for shopping in the US, say reports
News & Analysis

Google Pay may become a one-stop portal for shopping in the US, say reports

Google may also come up with a debit card for Google Pay, just like the one that Google Wallet had years ago.

Google faces antitrust case in India to unfairly promote its mobile payments app in country
Business

Google faces antitrust case in India to unfairly promote its mobile payments app in country

India’s antitrust body is looking into allegations that Alphabet Inc’s Google is abusing its market position to unfairly promote its mobile payments app in the country, five sources familiar with the case told Reuters

Bengaluru, Delhi and Hyderabad lead digital merchant payments; account for over 40% transactions in 2019: Report
Business

Bengaluru, Delhi and Hyderabad lead digital merchant payments; account for over 40% transactions in 2019: Report

Digital transactions are estimated to have grown by 338 percent from 2018 to 2019, according to the Razorpay report

Decade in review: Smartphone features that changed the definition of a 'phone'
News & Analysis

Decade in review: Smartphone features that changed the definition of a 'phone'

In this smartphone era, apps have helped make video calls, GIFs, emojis and audio messaging preferred modes of communication.

Flipkart and PhonePe are looking at 'different paths leading to different outcomes'
News & Analysis

Flipkart and PhonePe are looking at 'different paths leading to different outcomes'

Flipkart fintech isn’t focussed on individual payments or UPI. It’s an affordability construct both for customers and sellers.

Google writes letter to US Federal Reserve to adopt UPI-like payments mechanism; draws cheers among Indian entrepreneurs
News & Analysis

Google writes letter to US Federal Reserve to adopt UPI-like payments mechanism; draws cheers among Indian entrepreneurs

A top banker told Tech2, UPI is being pushed to go global and now if it manages to draw the attention of the US Federal Reserve it will be big fillip for NPCI.

Google Pay is reportedly working on the ability to let users gift gold to others
News & Analysis

Google Pay is reportedly working on the ability to let users gift gold to others

Google currently lets its users purchase and sell 99.99 percent 24-karat gold through the app.

Paytm raises $1 bn from Japan’s SoftBank, China’s Ant Financial; plans to invest Rs 10,000 cr for expansion
Business

Paytm raises $1 bn from Japan’s SoftBank, China’s Ant Financial; plans to invest Rs 10,000 cr for expansion

When its rivals like Google Pay and PhonePe are spending massively on cashbacks, Paytm said it would use Rs 10,000 crore to add as many small merchants and businesses as possible into its fold.

Google to team up with banks to offer checking accounts starting next year: Report
News & Analysis

Google to team up with banks to offer checking accounts starting next year: Report

This Google project, named Cache, follows moves by Apple and Facebook into the financial industry this year.

PhonePe FY19 losses surge to Rs 1,905 cr amid battle against rivals Paytm, Google Pay; revenue jumps 331%
Business

PhonePe FY19 losses surge to Rs 1,905 cr amid battle against rivals Paytm, Google Pay; revenue jumps 331%

Flipkart-owned PhonePe has seen its losses mount to Rs 1,904.72 crore in 2018-19 from the previous fiscal, as it continues to battle against rivals like Paytm, Google Pay and Amazon Pay