WHAT is Google pay (GPAY)?

Hye guys 

Hope you all are doing great 

So today i am here to tell you all about googlepay .

So lets get started .

The fisrt question that arises is - WHAT IS GOOGLEPAY??

Well i guess most of us are aware of it but for those who are not ,googlepay or (Gpay formerly Pay with google and Android pay )is a digital wallet platform and online payment system developed by google to power in app and tap to pay purchases on mobile devices that helps the users in making payments with android phones and tablets .

It was released on September 11,2015 ,4 years ago as Android pay which is now known as google pay .

THE NEXT QUESTION IS 

WHICH IS BETTER GOOGLE PAY OR PAYTM ?

Answer to this is- well here paytm has an advantage over gpay as it allows us to pay our bills and mobile recharges via credit card .But in gpay we dont have this option,so if we are running out of money /cash and our bill is due we can pay the same via paytm but not through gpay .

What are the advantages of having googlepay then ?

1.Transactions using Google pay are secured as google keeps all payment information on secure servers .Our full card details are never stored on phone or shared with the merchants when one uses googlepay .Merchants are provided with virtual account number.

2.It supports all cards so no problem in that .

3.Direct bank transfer easily .

4.There are two security check up first their is a google pin and then card pin that is something i love the most about it.

5.You get rewards on transactions too .

6.Zero liability -You are not liable to pay for unapproved transactions if google wallet is used without permissions .

7.Stay on budget- Google makes  savings simple and easy .The app can record your payment history and set limits , one can stay on budget .We can see a text alert if we are approaching a limit on the particular type of expense .

8.No paper receipts used there by  helping in saving environment.

So these is pretty much everything about google pay to give you brief and make you understand how googlepay works ,its importance and how its competitors work .

Hope you all like my article and found it insightful .

Thanks.