Google Digital Payments : Google Goodbye to Digital Payments.. When will it come into effect..? | Telugu News


Google Digital Payments: Google Goodbye to Digital Payments.

Google Digital Payments : As technology advances, digital payments are gaining momentum worldwide. In most of the countries people are transacting online instead of liquid currency. In this context, central banks in many countries are focusing on digital payments. In India, the world's largest populous country, the online payment system under the auspices of UPI continues to be successful. It is also expanding to other countries. In this background, the leading search engine company Google has announced that it is suspending the services of its payments app Google Pay.

These services will not stop in our country.. In America.. Google has announced that this decision has been taken to make its payment app easier and provide a better experience to users. The news is that Google Pay services will be transferred to Google Wallet. Google Pay has announced that users will not be able to access Google Pay services after June 4, 2024. (Google wallet) The number of people using the wallet is five percent more. People there use Google wallet to store transit cards, driving license, state ID, other digital items, tap and payment cards.

In the background of Google's announcement that it is stopping Google Pay services in America, the company says that the effect will not be there in India. ” Online check out, payments can be made through Google Pay in stores. People of India and Singapore are meeting their needs through Google Pay. But there will be no changes in their case. Google announced that users in the US will be able to transfer funds to their bank accounts through the Google Pay website after June 4, 2024. However, Google has taken this decision in the wake of India's recent introduction of online transactions through UPI to Singapore and Sri Lanka. Business circles believe that the suspension of Google Pay services will not stop only in America. In future, Google will stop these services in other countries.

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