Payments News

On The Web

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Companies

Businesses Can Now Accept PayPal Through Google Pay in 24 Countries

June 21 2019

“To this end, Google notes that Google Pay users can automatically choose their PayPal account at checkout so long as the merchant has added PayPal to their Google Pay integration. For buyers, this confers the benefits of fewer steps and PayPal’s Purchase Protection and Return Shipping coverage. As for merchants, they’ll continue to get PayPal […]
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Companies

Google Pay Starts Offering ‘Digital Gold’, Mutual Funds Coming Soon

April 2 2019

“On Wednesday, Google Pay partnered with point-of-sale companies Pine Labs and Innoviti Payment Solutions Pvt. Ltd to strengthen its offline presence. Through this, Google Pay aims to establish a network of 200,000 stores across 3,500 towns and cities in India over the next few months. The rollout will begin with grocery chains Reliance Fresh and […]
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Companies

Google Pay Gets More Deeply Integrated With Chrome

July 8 2019

“Now, the company says you’ll be able to access autofill for payments just by signing into your Google Account while on the desktop — even if Chrome sync is disabled. The feature takes advantage of Google Pay, which has been recently expanding to more sites across the web, following last year’s rebranding from “Android Pay” […]
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Companies

Cash May Be King in India, but Google Is Prince of Mobile Payments

September 19 2019

“In India today, the company has one of its fastest-growing hits ever with Google Pay, a two-year-old app that millions of consumers are using to spend and transfer tens of billions of dollars. Resembling a chat app and available in local languages, Google Pay was the most downloaded financial technology app world-wide last year, according […]
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Companies

Google Discusses Checking Accounts in Visit With CUNA | CUNA

November 19 2019

“Google’s product will be a checking account and only a checking account (at least for now) that is accessed through Google Pay, which will be very similar to the way credit cards are accessed through the Google Pay app. There will be one major difference, however.  Checking accounts will be designed to work specifically with […]
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Companies

Google Shuts Out Payday Loans With App-Store Ban

October 14 2019

“Google has barred high-interest consumer loan services from its app store, limiting payday lenders’ access to customers. The technology giant recently prohibited apps from offering personal loans with an annual percentage rate of 36% or higher on its Google Play app store. The move inserted the tech giant into a fight over payday loans, which […]
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Companies

Google Pay Reports 67m Users in India

September 24 2019

““In the last 12 months alone, we’ve grown more than three times to 67 million monthly active users, driving transactions worth over US$110bn on an annualised basis, with hundreds of thousands of offline and online merchants,” Caesar Sengupta, vice president of Google’s next billion users initiative, has revealed . Sengupta announced the numbers alongside the […]
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Companies

PayPal’s Exiting COO Bill Ready to Join Google As Its New President of Commerce

December 11 2019

“Ready’s role at Google will not involve payments, which means he won’t be directly involved with PayPal’s competitor, Google Pay . Instead, as Google’s new president of Commerce, Ready will focus on leading Google’s vision, strategy and delivery of its commerce products. However, the role will see Ready working in close partnership with both the […]