Money Made Simple with Google Pay
Google Pay, a peer to peer payments app that assures safety and effortless transaction.
In today’s era of new technologies coming up in order to make life easier and simpler, here we have come up with a new and exciting application where we’ll be bringing together all the different ways to pay with Google, including Android Pay and Google Wallet, into a single brand: Google Pay. On September 18, 2017, Google launched a peer-to-peer payment based app, Tez in India. On August 28, 2018, Google rebranded Tez to Google Pay.
A question arises whether this App is safe to use or not??
Yes….it is absolutely safe as it uses Unified Payments Interface (UPI) developed by NPCI- National Payments Corporation of India and this app is approved by RBI. Also, if the phone number linked with the bank account is not being used in the current phone then Google Pay cannot be put to use which assures your safety, unlike other online payment wallets.
Google Pay makes it easy at point-of-sale terminals by using near field communication (NFC) replacing the credit or debit card chip and PIN or magnetic stripe. Google Pay keeps payment information safe in Google Account using the advantage of authentications like a fingerprint or a passcode. This service keeps customer payment information private, sending a one-time security code instead of the card or user details.
Google Pay does not reveal customer information at the time of payment as it transmits it through a secure and encrypted data packet. Google Pay makes it easy to add unlimited cards, keep a record of purchases, redeem loyalty points.
Google Pay security works 24/7 to prevent fraud and verify identity. In India Google Pay works with banks that support BHIM UPI and new banks are being added all the time. Users can add their bank account details just by entering their phone number only.
Also, there is a unique option unlike other online wallets, wherein you can send/receive money to nearby devices having Google Pay account. The App is user-friendly, as it has all your phonebook contacts listed in the payment tab making it extremely easy to send/receive money.
Google will soon take the lead in this competitive market with its new, authentic and unique features in its product.
