Payments News

On The Web

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Companies

Google’s Payments Strategy is Taking Another Twist as it Battles Apple

“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 […]
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Companies

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 […]
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Companies

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 […]
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Companies

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) […]
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Companies

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 […]
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Companies

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

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Companies

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.”