Google will release its new Google Pay app early Thursday morning. However, if any Australians are driven for it, sorry! It has not come here yet.
Update November 19: New Google Pay released
On Thursday morning Google released its new Google Pay app. Now, instead of offering peer-to-peer payments, it also includes exploration and intelligence functions.
This is where users can find deals and discounts. This method will help you find the method that you think is most suitable for you based on the purchase history. According to Google, any data collected may not be used to sell to third parties or share with other parts of Google for targeted advertising purposes.
If you have any bank accounts linked to the app, Insight provides an overview of your finances. If you want to go really hard on financial tracking, the new Gmail may allow you to drag and drop your Gmail and Google photos to find and add receipts.
Payment works the same as it does now, but with the added option of adding group payments. You can add multiple people to the app chat, where money can be sent and requested. This is often useful in situations where the home and restaurant bill separates.
Businesses you pay for will also be saved, as well as rewards or loyalty cards you associate with them.
Finally, you can pay for gasoline directly from the app and order food from it. Look, Uber.
Finally, Google has released Flex – which allows you to manage basic banking from the service. It is now only compatible with eleven financial institutions in the United States.
Google Bay has definitely got a change. But for us Aussies and anyone else outside of the US, this is a matter of time. There is no word on when the new Google Pay will be released in other countries.
Read the original story below.
It was announced last year that Google was looking for its opening Own digital first bank accounts. In August, eight US banks announced their partnership with Google. Also, Google mentioned the involvement of Google Pay, including additional tools such as budget tools.
“We are exploring how we can partner with banks and credit unions in the United States to provide digital bank accounts through Google Pay, helping customers benefit from useful intelligence and budget tools while at the same time transferring their money to FDIC or NC. UA insurance account, ”Google said In a statement at the time.
“We are pleased to announce the signing of six new banks to provide digital testing and savings. In addition to the City and Stanford Federal Credit Union, we will work with Bank Mobile, BPVA USA, BMO Harris, Coastal Community Bank, First Independent Bank and Cefcio.”
It seems safe to assume that a significant portion of the new Google Pay will include the inclusion of these digital bank account partnerships. While there have been rumors of a Google branded debit card being thrown into the mix, it is not clear whether it will bring its head back when it opens.
The announcement will take place on Thursday at 4:27 a.m. on AEDT. It is 3:57 AM ACDT, 3:27 am AEST, 2:57 am ACST and 1:27 am AWST.
“We invite you to see and learn more about the new Google Pay app designed to help you improve your relationship with money. It starts in the US and comes to Android and iOS. ” Reads Google’s YouTube channel.
It is unknown at this time what he will do after leaving the post
You can watch the live stream here: