WHAT IS GOOGLE PAY

Google Pay is an app that you download and install on your smartphone or smartwatch that uses the Android operating system. You can find the app in the Android Market on your android phone. You can use the app to send and receive money from others.

You can pay for goods by simply unlocking your Android phone like you normally do (which also enables Google Pay to authenticate your transaction), then placing it near a merchant's contactless terminal, and that's it.

I s there a fee? When you use Google Pay to transfer money to family or friends, or when you use a debit card to make a purchase in a store or through a service, Google Pay charges no added fees. You will pay a 2.9% fee when you use a credit card.

 Companies that have their current accounts linked with the app can even receive payments up to Rs. 50,000 from the customers for free. Cash Mode is another Google Pay feature that is unique. It allows users to transfer money to other Google Pay users in proximity without entering the bank details or mobile number.

Maybe most important is that when you buy something with Google Pay, your credit card details aren't sent to the merchant. The system creates a virtual account number for every transaction and that's what gets sent through the merchant's payment system.  It's more secure than using a normal credit card with a magstripe. Google Pay safer than debit card?

 Google Pay to receive money from friends and family.

To claim money:

1. In the notification email or text from 445-67, tap Claim money. 
2. If you don't have the app: Sign in to your Google Account. 
3. Add the debit card or bank account you want to transfer the money to. .

Enter your address info.

Claim your money.

 pay in stores using your phone, you'll need to make sure Google Pay is downloaded and set up on your phone first. Get the Google Pay app on your Android phone. It only takes a few minutes to set up Google Pay on your phone. You'll need your credit or debit card info handy to get the app set up.

 

Benefits of Google Pay

• Quick and Easy way to send and receive money.
• Multiple cashback and rewards benefits.
• Encryption and multiple layers of security by Google to secure transaction.
• Pay Utility bills, recharge your mobile and do online shopping using this app.
• No additional cost of usage.

You can easily withdraw money from your Google Wallet, now known as Google Pay, and transfer the balance to a linked bank account, which will usually be available within a day or less. Google Pay is a simple way to make payments using a credit or debit card linked to your Google account.

Google pay at ATM?

Google Pay works the same as Apple Pay. You can withdraw money at any ATM that has the contactless symbol. Simply open your Google Pay Wallet, click on your card you wish to use, tap your phone against the contactless symbol and enter your PIN. The ATM will then finalize your transaction.

 

phone use Google pay?

To use Google Pay, your device must be running on Android 5.0 (Lollipop) or higher, and support near-field communication (NFC) and host card emulation (HCE) technology. NFC and HCE are both required for Google Pay to work for in store transactions.

 

 

Pros and cons of using Google Pay

• It's more secure than using your card or cash.
• You can travel light without carrying a physical wallet.
• You can use it to make purchases in-store, within apps and online.
• You can use it on a large number of Android devices.
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• Google Pay safe to use?
  Transactions using Google Pay are secure as Google keeps all payment information on secure servers. Your full card details are never stored on your phone or shared with merchants when you use Google Pay. Merchants are only provided with your Virtual Account Number.
   

 

 

 

Google Pay safe to use? Transactions using Google Pay are secure as Google keeps all payment information on secure servers. Your full card details are never stored on your phone or shared with merchants when you use Google Pay. Merchants are only provided with your Virtual Account Number.