Highlight
- Google Pay Announces New Features at the Global Fintech Fest (GFF) 2024
- The new Google Pay features will be rolled out this year.
- The feature includes UPI Circle, UPI Vouchers or eRupi, Clickpay QR scan, etc…
Google Pay Announces New Features at the Global Fintech Fest (GFF) 2024 this feature includes UPI Circle, UPI Vouchers or eRupi, Clickpay QR scan, Prepaid Utility payments, Tap & Pay with RuPay cards, and more. The new Google Pay features will be rolled out this year, this will make users easier to make payments and do transactions through the Google Pay app.
Google Pay’s New Features
Google Pay has recently announced several new features at the Global Fintech Fest (GFF) 2024 event this feature is designed to make digital payments even more convenient and accessible. Let’s break down what these features entail:
UPI Circle: The first feature is UPI Circle which allows users to authorize trusted individuals to make UPI payments on their behalf. For instance, if you have elderly family members who don’t own a bank account with Google Pay, you can permit them to use your UPI ID for transactions the family member can get up to Rs 15,000 monthly. This feature is launched in partnership with the National Payments Corporation of India (NPCI).
UPI Vouchers (eRupi): This is a feature launched by direct benefit transfer (DBT) back in 2021. These prepaid vouchers can be used for digital payments without the need to link a bank account. They’re particularly useful for government benefits or other situations where a pre-funded payment is required. This feature now will be supported in the Google Pay app brought to the platform by NPCI and the Department of Financial Services.
Clickpay QR Scan: With this feature, you can simply scan a QR code within the Google Pay app to pay your bills. It’s a quick and easy way to settle your payments.
Prepaid Utility Bill Payments: Google Pay can now automatically detect and manage your recurring utility bills. Once you’ve added your customer details, the app will automatically remind you of your payment due dates and make payments on your behalf. This feature is being added in partnership with NPCI Bharat Billpay.
Tap & Pay with RuPay Cards: If you have a RuPay card, you can now add it to Google Pay and make contactless payments by tapping your near-field communication (NFC) enabled smartphone on a card machine to make payment. The company makes it clear that card information is not stored in the app.
UPI Lite Autopay: This feature automatically recharges your UPI Lite account when the balance falls below a certain threshold, ensuring you always have funds available for small transactions.
Also Read: Amazon might launch a dedicated app for Amazon Pay in India
Conclusion
These new features of Google Pay are a commitment to providing innovative and user-friendly payment solutions. By simplifying various payment processes, Google Pay is making digital transactions more accessible and easier for everyone.
