Google Pay:
Google Pay is a digital wallet platform and online payment system developed by Google to support in-app, online, and in-person contactless purchases on mobile devices, allowing users to use their Android phones, tablets, or watches to make payments.
For the most part, staying on top of payments and finances is difficult. Google Pay has made it easier to pay online, in stores, and between friends over the past five years. Google Pay is now used by more than 150 million people in 30 countries on a monthly basis.
Google Pay is expanding its app’s international payment capabilities. Learn more about Google’s new relationship with Western Union and Wise.
People of all ages can benefit from payment applications, which are a useful digital personal finance tool. These apps make sending money to friends and relatives as well as collecting money owing to you much easier.
While transferring money to a friend or family member in your own country is normally simple, overseas payments are not always so. This is due to the fact that not all payment apps enable this feature. The good news is that Google Pay has added international payment functionality to its app. Continue reading to discover more about the new perk Google is planning to offer users of its payment app.
Western Union and Wise have teamed with Google
Google recognizes that many individuals send money to different countries and that having a payment tool that facilitates this process is useful. As a result, Google has teamed with Western Union and Wise to expand the functionality of its payments app and satisfy the demands of additional customers.
Wise and Western Union are well-known names that have been around for a long time. Both of these apps allow you to send and receive international payments. Google is now able to integrate international payments into its own payments app thanks to its partnerships with these companies.
Users of Google Pay can only send money to app users in Singapore and India at the moment. However, Google believes that by the end of the year, Wise users will be able to send money to individuals in more than 80 countries, and Western Union users will be able to send money to people in more than 200 countries and territories.
Existing Google Pay customers will be able to send money to friends and family in other countries more easily as a result of this relationship. With this new feature, they can now use the same app to handle both domestic and international payments without having to switch between them.
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What is the procedure for making foreign payments?
When customers use Google Pay to make foreign payments, the transactions will take place within the app. They will have the option of using Western Union or Wise, and they will be able to track the status of payments both when sending and receiving money.
Western Union and Wise offer limited-time savings
Both Western Union and Wise are offering limited-time discount options to Google Pay users who want to make overseas payments to commemorate this relationship.
Western Union: When sending money with Google Pay, consumers can make unlimited free transfers until June 16, 2021.
Wise: For their initial transfer of up to $500, new Wise users will not be charged any transfer costs.
When dividing bills or checks with loved ones, adding the use of payments apps to your personal finance routine might make it easy to pay people and be paid swiftly. People who routinely send money to friends and relatives in other countries will be able to do it more efficiently thanks to this new cooperation. By the end of 2021, Google will give its users more options for sending money to people in a wider range of nations.
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