Now You Can Tap Your Phone on The Card Machine
Google Pay which is formerly identified as Google Tez in India has gained huge popularity in the country. The app takes advantage of the United Payments Interface (UPI) to allow users to make quick and easy banking transactions. The users can not only choose to transfer the funds to shopkeepers, family, or friends but also can pay bills and earn rewards.
Now Google is focused to take it a step forward by introducing NFC-powered credit and debit card payments. Google has announced the feature at the ‘Google for India’ event, which would help people take advantage of NFC in order to make payments instead of swiping your card at a shopping mall or petrol pump, you can simply tap your phone on the card machine and its done.
All that’s needed is the card machine provided by the shopkeeper should have NFC capabilities. With the latest update, the users will get an option to add their debit or credit card. The process is verified through an OTP sent to the cardholder by the bank.