Google launches online payment option for mobiles

By Sricharan R Published on Oct 24, 2017 04:57 PM IST

 

Making use of digital economy and putting a fight against Apple Pay and PayPal, Google has announced a new way of online payment for mobile devices using any card, including those saved to Google Account. This 'pay with Google' option ties all these saved payment options together in a single interface.

Google Payment API, was first announced at Google’s I/O developer conference. Using this, Google is streamlining online purchases made through Android devices by rolling out Pay with Google.

MAKING IT SIMPLE

The idea is to make checkout speedier for mobile users and increase conversions for retailers, by allowing Google users to tap into any card a customer has on file. The feature will also make it easier for customers to shop using Google Assistant. In the coming months, the company would enable users to pay using voice assistant. Here users can send or receive payments using only voice command.

HOW IT WORKS

When you opt to pay using Google, you will be presented with a list of payment cards that are saved in your account. You can just tap the card you want to use, and Google sends this information along with your shipping address to the merchant, who then handles the rest of the transaction.

In addition, Google has partnered with over 40 payment providers to make integrations simpler for merchants who want to offer this.

The payment providers - including PayPal’s Braintree, Stripe, Vantiv, Worldpay, Adyen, and Groupe Paysafe - will continue to process the transactions as before.

Other partners are being added soon, including ACI, Assist, Ebanx, First Data, Global Payments, GMO, IMSolutions and TapPay.