City
Epaper

Big news! Google Pay will charge on money transfer from January 1

By Lokmat English Desk | Published: November 25, 2020 10:50 AM

Open in App
1 / 10
Google Pay is set to kill the peer-to-peer payments facility on its web app in January and is going to add a fee for instant money transfers, the media reported.
2 / 10
Google Pay offered the ability to manage payments as well as send money from both a mobile app or from pay.google.com.
3 / 10
Now, Google has released a notice on the web app that notifies users that the site will no longer work from January next year.
4 / 10
“Starting early in 2021, you won’t be able to use pay.google.com to send and receive money from other people.
5 / 10
To send and receive money, use the new Google Pay app,” the company informed.
6 / 10
While you can still manage payment methods on the web app, peer-to-peer payments will cease to exist.
7 / 10
Google also clarified on a support page that the original Google Pay app will stop working in January, reports 9to5Google.
8 / 10
Google Pay will also add a fee on instant money transfers. “It can take 1–3 business days when you transfer money to your bank account. Debit card transfers are usually instant.
9 / 10
There is a fee of 1.5% or $.31 (whichever is higher), when you transfer out money with a debit card,” the company said on its support page.
10 / 10
Google last week introduced several features in its Pay feature for both Android and iOS users which have been first rolled out in the US.
Tags: Google AccountGoogle Pay
Open in App

Related Stories

BusinessPhonePe, Google Pay in Talks to Levy Charges on UPI Transactions

TechnologyGoogle to delete inactive Gmail accounts from Dec 2023

TechnologyGoogle pay to charge Rs.3 as convenience fee on mobile recharges

TechnologyNew online payment app threatens to dusrupt Phone Pay and Google Pay

MaharashtraNagpur: Fraudster posing as Google Pay executive dupes senior citizen of Rs 4 lakh

Technology Realted Stories

TechnologyElon Musk visits China, likely to promote Tesla's driverless tech: Report

Technology27pc spike in anti-vaccine posts on X after Covid jabs were available: Study

TechnologyRecord low birth rates leading to population collapse in Europe, most of Asia: Musk

TechnologyGlobal measles cases see 88pc jump in 2023 from 2022: WHO

TechnologyHyundai, Kia join China's Baidu to develop connected cars