Google Pay also helps identify phishing and fraud risks whenever you send or receive money on the app by verifying that any payments are sent or received only from your contacts.
Google Pay is a free mobile app. Google Pay Send is the peer-to-peer payment feature of Google Pay that allows you to send money and get paid by others, similar to Venmo or Zelle. You can also split expenses for a group, and Google Pay will keep track of who owes what. Google limits the amount of money you can send with this feature.
You can earn cashback rewards when you activate offers from different businesses and then use Google Pay to make purchases online and in stores. This works similarly to cashback sites like Rakuten or discounts you receive through your credit card issuer, like Amex Offers.
You can see popular offers when you open your app:. The Marijuana Industry Is Booming. Mortgages Rates Dropped to 3. Flat Cash Back Vs.
I would like to subscribe to the NextAdvisor newsletter. See privacy policy. Before you go, sign up for our newsletter to get NextAdvisor in your inbox. Credit Cards. Home Equity. American Express. Next Advisor Logo. Bank debits. Bank redirects. Bank transfers. Buy now, pay later. Apple Pay. Google Pay. Microsoft Pay. Payment Request Button.
Secure Remote Commerce. WeChat Pay. No-code options. English United States. Home Payments Add payment methods Wallets. Google Pay Learn how to accept payments using Google Pay. Set up your integration. Instantiate GooglePayLauncher. Launch GooglePayLauncher. Handle the result. Going live with Google Pay. Customers avoid making actual purchases on mobile devices because of concerns about security and the inherent difficulty of entering bank card information using a touch screen interface.
Electronic wallets look to sidestep these concerns by streamlining the mobile payment process via a secure service. Customers simply click to buy something and all of their payment info is already entered into the wallet. The fast checkout works both in-app and on participating mobile sites. Google Wallet also gives merchants the ability to highlight special offers or discounts from their websites or emails directly to the shopper via the app.
Customers can also add any gift card balances to their virtual wallets, which helps drive additional sales. Google Wallet is what is known as a server-side wallet, which means that all of a user's information is stored remotely on Google's system, rather than on the user's device. Transactions take place between Google's servers and the merchant's existing payment processor. It acts somewhat like a gift card: users place a set amount of money into the wallet they can then spend as desired.
As far as the user's bank is concerned, the transaction is identical to any other debit or credit, only the transactions go exclusively through Google rather than the merchant's point of sale. Assuming the merchant's point of sale is configured to accept Google Wallet, transactions work the same as any other accepted payment method. While support for the mobile app is still sketchy, Google Wallet offers a physical card as well that can be used anyplace that accepts debit MasterCard.
How does Google Wallet stack up to other options? Google Wallet's main competitor is Apple, although other companies such as Samsung and PayPal have their own digital payment systems as well Samsung Pay and PayPal Wallet, respectively. While the products may have a few differences when it comes to the user, they offer similar features from the perspective of an online store owner. Both want to make it as easy as possible to facilitate transactions.
The main difference between the two initiatives is the companies behind them. Google pioneered NFC technology years ago, which allowed users to pay with a mobile device at a point of sale using a secure, short-range signal. However, the technology was not widely adopted at the time, which put Google on the back foot, giving Apple an opening to push their Apple Pay model.
Apple, having an established and loyal user base, was able to roll out its system a great deal more effectively, coupling it with specific technology offerings, such as the Apple Watch. Seeing an opportunity to partner with the high-prestige Apple brand, retailers and banks have been a great deal more eager to adopt the technology now.
0コメント