On The Web
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“Google is launching a new Google Wallet app on Android and Wear OS, looking to streamline its payments products and lock users into Android more tightly. The move is part of a broader effort by tech giants Google and Apple to bind consumers more closely into their mobile devices by making the digital wallet as essential […]
Google Adds Virtual Credit Cards for Google Pay
“Google will roll out virtual credit cards for Pay on Chrome and Android later this year, in an effort to better protect users’ financial information during online transactions. Virtual cards are randomly generated 15 or 16 digit numbers that can be used to obscure your true card information when making online payments. The idea is […]
Google Cloud Assembles Web3 Team to Leverage Emerging Metaverse
“Google Cloud Platform is putting together a Web3 specialist team to take advantage of cryptocurrency and blockchain technology. The cloud computing services suite says its new Web3 team will focus on building services for developers running blockchain applications. In addition, the team will also provide blockchain services to enterprises and customers looking to leverage the […]
Google to Allow Third Party App Payments for First Time in S.Korea
“Alphabet’s (GOOGL.O) Google said on Thursday it plans to allow third-party payment systems in South Korea to comply with a new law, marking the first time the U.S. tech giant has amended its payment policy for a specific country. Google’s announcement comes after a Korea Communications Commission’s (KCC) request for Google and Apple Inc (AAPL.O) […]
Google to Invest $1 Billion in Africa Over the Next 5 Years | TechCabal
“At the first virtual Google for Africa event today, Sundar Pichai, CEO of Google and Alphabet, announced a plan to invest $1billion over 5 years to support digital transformation in Africa. The investment focuses on enabling fast, affordable internet access for more Africans; building helpful products; supporting entrepreneurship and small business; and helping nonprofits to […]
WSJ News Exclusive | Google Is Scrapping Its Plan to Offer Bank Accounts to Users
“Google is abandoning plans to pitch bank accounts to its users, marking a retreat from an effort to make the tech giant a bigger name in finance. The Alphabet Inc unit announced almost two years ago that users of its Google Pay digital wallet would be able to sign up for enhanced checking accounts and […]
New Google Pay Debit Card Lets You Actually Spend the Money People Send You
“According to a new report from 9to5Google (Google does not seem to have a blog post about this yet), starting this week, US Android users can request a “Google Pay Balance Card” that will allow them to spend their Google Pay balance directly on purchases…The new Google Pay card is a virtual Visa debit card […]
Google Pay Announces Cards Tokenization With SBI, IndusInd Bank in Collaboration With Visa
“Google has roped in more banks for card tokenization on the Google Pay app. Cards tokenization is a feature that lets users make debit or credit card payments through a secure digital token attached to their phone without having to physically share their credit or debit card details. Google Pay had earlier rolled out the […]
Google Partners With Shopify on Online Shopping Expansion
“Google announced it’s partnering with Shopify, giving the e-commerce platform’s more than 1.7 million merchants the ability to reach consumers through Google Search and its other services. The integration will allow merchants to sign up in just a few clicks to have their products appear across Google’s 1 billion “shopping journeys” that take place every […]
On The Wires
nbsp;PayPal Accelerates Its Digital Transformation With Google Cloud to Support Customer Needs During Pandemic–and Beyond
“Google Cloud and PayPal today announced they are deepening their relationship to further accelerate PayPal’s digital transformation and evolving customer needs. Under this expanded relationship, Google Cloud will provide both infrastructure and analytics capabilities to support PayPal’s growth, helping the company process transactional data at massive scale.”