Google pay today announces its most significant renovation since its launch or, like the Google announcement, its reinvention to turn your payment app into a much more complete banking app.
Google is no longer just making payments online, in physical stores, or in a small selection of countries easy to be one of the fastest ways to send and receive money. Now it goes a step further to save us money, control our spending and much more.
New Google Pay app
This renewal is not about a redesign of the current app, it’s about the new international version of Google Pay (formerly Google Tez) that the company launched a few years ago in India and Singapore.
This new Google Pay makes its international debut in United States with the launch of its early access on the Play Store. Its official launch is scheduled for 2021 with the hope that this new version will reach more countries in the future that we hope is not too distant.
Payments to friends and businesses
The new Google Pay experience is all about relationships. As a messaging app, we can chat with our friends to send or request money
In addition, in the United States, Google Pay will let you order food from over 100,000 restaurants, buy gas at over 30,000 gas stations and pay for parking in over 400 cities, all from the app.
It will help you save money
The new Google Pay will also allow you to save money on your purchases thanks to the rewards or offers that we can find during the payment in each store. You can also link your bank accounts to control all your banking transactions from the Google app. It will automatically organize all your expenses so that you can search your transactions by making queries like “food”, “last month” or “Mexican restaurants”.
New way of doing banking
Starting next year, Google and 11 banks in the United States will launch the new Plex Accounts, a type of online account that will allow your customers to use Google Pay as if it were their banking app. You can transfer your money between your bank accounts, make transfers, block your credit cards, etc.
Via | Google