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Google Pay has been significantly redesigned with a new focus on personal finance




Google today launches a major redesign of the Google Pay app on both Android and iOS. From the report: Similar to a similar phone-based contactless payment service, Google Pay (then Android Pay) started as a basic alternative to credit cards. Over time, the company added some features on top of it, but the overall focus didn’t really change. About five years after the market, Google Pay now has about 150 million users in 30 countries. With today’s updates and redesigns, Google is moving the service in new directions (and perhaps trading here and there) with a focus on helping individuals manage their finances, as well as keeping all core functionality intact. You can also). Google is also partnering with 11 banks to open a new type of bank account in 2021. These mobile-first bank accounts, called Plex, have no monthly charges, overdraft charges, or minimum balances. Banks own accounts, and the Google Pay app is the primary way to manage these accounts. Launch partners for this are Citi and the Stanford Federal Credit Union.

“Think of what you’re doing with this new Google Pay app is to bring three things together,” said Josh Woodward, Google’s product management director, who showed us a demo of the new app. .. “Three are the three tabs of the app. One is the ability to pay friends and businesses very quickly. The second is to look up offers and rewards and save money in the store. The third is you. Get insight into your spending. You can stay on top of your money. ”Payment to friends and businesses was clearly always at the core of Google Pay, but the emphasis here is a bit. It’s changed. “You’ll find that everything in the product is built on your relationship,” Caesar Sengputa, the lead for Google Payments and NextVillion users, told me. “It’s not about long lists or strange numbers of transactions. All your engagement revolves around people, groups, and businesses.”

What Are The Main Benefits Of Comparing Car Insurance Quotes Online

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