NFC World features some announcements that Google made regarding payment options. The first announcement regarded the ability for consumers to use any card on file they may have:
Google has unveiled a new payment API that will allow customers to make payments through third-party mobile apps, websites and the company’s voice-based Google Assistant using “any credit or debit card stored in their Google account” from across a range of services including Android Pay, Google Play and Google Chrome.
How easy it might be to switch from one card to another or even consumer’s desire to frequently change cards is in question. How this is intended to function was described as follows:
The Google Payment API — when integrated into a mobile app — will show a Pay with Google button at the bottom of the screen that presents the user with the last card they used to make a transaction alongside all of the other cards stored in their account including those added through Android Pay. They will then be able to choose which card they want to use to complete the payment.
Another announcement made is that Google will support multiple P2P payment apps. The company’s product management director for consumer payments Gerardo Capiel said:
“We’re [also] adding P2P to the Assistant and it will leverage the debit cards in your Google account to send money to friends and others — we plan to soon onboard other P2P providers,”
Overview by Sarah Grotta, Director, Debit Advisory Service at Mercator Advisory Group
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