Google may launch its Google Pay Card in the near future....

in #google4 years ago (edited)

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Google could be working on a new service that could compete with Apple, it is Google Pay Card, a virtual and physical credit card with powerful security features.

TechCrunch revealed important information that could end up promoting Google as the most powerful technological giant of the time, by entering the financial market with a credit card service called Google Pay Card.

TechCrunch has obtained images showing that Google is developing its own physical and virtual debit cards. The Google card and associated checking account will allow users to buy things with a card, mobile phone or online.

TechCrunch has obtained images showing that Google is developing its own physical and virtual debit cards. The Google card and associated checking account will allow users to buy things with a card, mobile phone or online.

The source points out that like the A pple Cards, the new Google Card physical and virtual debit cards would be connected through a payment gateway similar to Google Pay and would allow online payments for any product or service.

As you can see from the leaked images, which are apparently validated as Google originals, it can be seen that the cards will have a robust security system that will offer temporary numbers for the cards.

Likewise, the linked app will allow the blocking or suspension of the physical Google Card and other features that will help monitor data, a mechanism similar to that of Apple Play.

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It is speculated that Google is in negotiations with CITI and Stanford Federa Credit Union that will endorse this payment service through Master Card, however, the source does not rule out that VISA is also behind the project.

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While the Mountain View company has not confirmed the information, another source told TechCrunch that Google was developing its own payment card recently that would expand the use of the Google Pay payment platform.

Google commented to the media:

We are exploring how we can partner with banks and credit unions in the United States to offer smart checking accounts through Google Pay, helping their clients benefit from useful information and budgeting tools, while keeping their money in a bank-insured account. FDIC or NCUA. Our primary partners today are Citi and Stanford Federal Credit Union, and we hope to share more details in the coming months.

Although the company has not confirmed the rumor, it would not be unreasonable for Google to develop this new Google Pay Card, since it is well known that the platform already has a payment system such as Gogle Pay. In this way, the company could compete with the Apple Card, a virtual and physical Apple card that allows to carry out any type of operations safely.

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