First lets understand what to expect from this software in a general overview.
Major banks support
Integration with various mobile banking apps
In-store and in-app online payments
Save and use mobile tickets, transit cards, and boarding passes
Multiple layers of security preventing fraud
Request for cash or send money
Transfer money to bank account instantly
Attractive promotion and reward programs
Pros & Cons:
- Easy to set up and use
- Contact less payment
- High level of security
- Attractive promotion and reward programs
Poor Customer Service
Not accepted everywhere
Why choose Google Pay?
Google Pay uses NFC to transmit card information facilitating funds transfer to the retailer. Google Pay substitutes credit or debit card chip and PIN or magnetic stripe transaction at point-of-sale terminals by letting the users upload these in the Google Pay wallet. Google Pay comes with the additional feature of two-factor authentication. With Google Pay, you can streamline all your payments, your gift cards, and loyalty programs.
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