Payments News

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Companies

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

“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

Businesses Can Now Accept PayPal Through Google Pay in 24 Countries

“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 Reports 67m Users in India

““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

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

“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 Pay Gets More Deeply Integrated With Chrome

“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

Google Shuts Out Payday Loans With App-Store Ban

“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 […]