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Tag: Google Pay

UPI Payment
UPI Transactions Cross $100 Bn For 1st Time In October

According to latest data released by the NPCI, India saw a whopping Rs 7.7 lakh crore (over $100 billion by value) digital transactions via unified payments interface (UPI) in October for the first time

Google Pay
Google Pay Expands Cards Tokenisation With More Indian Banks

Google Pay on Wednesday announced to expand its cards tokenisation feature in collaboration with Visa with new banks that enables users to make debit or credit card payments through a secure digital token attached to their phone.

Google Pay Users In India Can Delete Transaction History
Google Pay Users In India Can Delete Transaction History

New Delhi: In a fresh bid to secure Google Pay users in India, the company on Thursday announced more choices and controls to manage transaction data on the digital payments platform. The users can now view and delete individual transactions and activity records that they don’t want used to personalise their Google Pay experience, by […]

ICICI Bank Partners With Google Pay For Issuing FASTag
ICICI Bank Partners With Google Pay For Issuing FASTag

Mumbai: ICICI Bank has joined hands with Google Pay for issuance of FASTag, a reloadable tag which enables automatic deduction of toll charges and lets users pass through the toll plaza without stopping for cash transactions, informed the bank authorities on Monday. This collaboration enables Google Pay users to order, track and even recharge ICICI […]

Online Payment
Google Pay Denies Sharing Indian Users' Data With 3rd Parties

New Delhi: Google on Friday denied the claims made in certain media reports that its Google Pay app is sharing Indian customers’ transaction data with third parties. Citing an affidavit filed before a bench of Chief Justice D.N. Patel and Justice Prateek Jalan in Delhi High Court, a section of the media said that Google […]

Online Payment
Google Pay Rolls Out NFC-Based Tokenised Card Payment In India

New Delhi: Google Pay in collaboration with Visa and banking partners on Monday rolled out tokenisation across its platform, enabling users to safely transact with their cards and use Tap-to-pay feature on near-field communication (NFC)-enabled point of sale (POS) terminals and online merchants. The feature is now available to users of Axis and SBI Card, […]

Online Payment
Google Pay Not A Payment System Operator, Says RBI; Google Clarifies

Delhi: The Reserve Bank of India (RBI) has told the Delhi High Court that Google Pay is a third-party app provider (TPAP) and does not operate any payment systems. Therefore, its operations are not in violation of the Payment and Settlement System Act of 2007, RBI has told a bench of Chief Justice D N […]

Google working on its own smart debit card: Report

San Francisco: After seeing the success of Apple credit card, Google is now reportedly working on its own physical and virtual smart debit cards that will allow customers to buy things online as well as in retail stores. According to a report in TechCrunch, the Google smart debit card will connect to a Google app […]

Zero UPI Interchange, PSP Fees May Hurt PhonePe, Google Pay

New Delhi: Through a circular on Friday, the National Payments Corporation of India (NPCI) said that it has agreed to revise the UPI interchange and payment service provider fees to “zero” for all domestic UPI merchant (P2M) transactions with retrospective effect from January 1, 2020. The abolition of the fees has been made for an […]

UPI now a payment option on Google Play Store

New Delhi: Google Play Store has now added Unified Payments Interface (UPI) as a payment option for its users in India, according to media reports. Google Play Store in India currently supports credit cards, debit cards, net banking and carrier billing via Airtel and Vodafone, Google Play Gift Cards and Google Play Balance, and through […]

Online Payment
Google Pay sets eyes on 12 million 'kirana' stores in India

New Delhi: Google Pay which reported 55 million monthly active users in India in May has set eyes on tapping over the ubiquitous kirana stores — nearly 12 million in numbers — to write its next growth story in the country, a top company executive said on Wednesday. According to Ambarish Kenghe, Director, Product Management, […]

Scan any QR code to pay using Paytm

New Delhi: In a mega-campaign of Rs 200-250 crore, India’s leading digital payment platform Paytm will now allow scanning of any QR code, be it BHIM UPI, Google Pay, from its app to make an insta-payment at offline retail stores. The move is expected to benefit the small kirana stores which have become well-versed with […]

Cisco joins Google to launch free public Wi-Fi in India

Kochi: In a bid to benefit millions of Internet users and connect the next billion users, global networking giant Cisco has teamed up with Google to roll out free, high-speed public Wi-Fi access globally, starting with India. The first pilot under the partnership has been rolled out at 35 locations in Bengaluru, Cisco said here […]

Cash-rich global giants unable to compete with homegrown payments leader Paytm

New Delhi: With 550 crore transactions in the financial year 2018-19 and a gross transaction value (GTV) of over $50 billion (around Rs 34,706 crore), homegrown digital payments company Paytm continues to dominate its global counterparts — Google Pay, Whatsapp Pay and Walmart-Phonepe. The company attributes its growth to increased trust and adoption of the […]

India refuses to relax data localisation deadline, digital payment firms in a bind

New Delhi: With the government on Monday refusing to relax the Reserve Bank of India’s (RBI) October 15 deadline for data localisation, the road ahead has become tough for global digital payment providers who have sought more time to comply with the guidelines. The RBI guidelines say that all digital payment firms like Google Pay, […]