Friday, May 27, 2022
  • Hyderabad
  • Telangana
  • Andhra Pradesh
  • India
  • World
  • Entertainment
  • Science and Tech
  • Sport
  • Business
  • ...
    • NRI
    • View Point
    • cartoon
    • Columns
    • Reviews
    • Education Today
    • Property
    • Videos
    • Lifestyle
E-Paper
  • NRI
  • View Point
  • cartoon
  • Columns
  • Reviews
  • Education Today
  • Property
  • Videos
  • Lifestyle
Home | India | Google Pay Expands Cards Tokenisation With More Indian Banks

Google Pay expands cards tokenisation with more Indian banks

By IANS
Published: Published Date - 04:36 PM, Wed - 16 June 21
"We are hopeful that the tokenisation feature will further encourage users to transact securely and safely in the current times and expand merchant transactions both online and offline," said Sajith Sivanandan

New Delh: Google Pay on Wedensday announced to expand its cards tokenisation feature in collaboration with Visa with new banks that enables users to make debit or credit card payments through a secure digital token attached to their phone.

After rolling out tokenization with Kotak Mahindra Bank, SBI Cards and Axis Bank, Google Pay has now added debit cards by SBI, IndusInd Bank and Federal Bank and Credit cards by IndusInd Bank and HSBC India to its slate.

“We are hopeful that the tokenisation feature will further encourage users to transact securely and safely in the current times and expand merchant transactions both online and offline,” said Sajith Sivanandan, Business Head: Google Pay and NBU-APAC.

The feature also works with online merchants, delivering more native and seamless OTP experiences without redirecting users to 3D Secure sites, the company said in a statement.

With tokenization, Google Pay will enable safe and secure omnichannel experiences to help consumers use Near-field communication (NFC) capable devices/ phones to make contactless payments at over 2.5 million Visa merchant locations.

It will also help scan and pay at more than 1.5 million Bharat QR enabled merchants and pay bills and recharges from within their Google Pay app using their credit card.

“The tokenization of SBI Debit Cards with Google Pay would also enable our customers to foray into tap & pay mechanism without worrying about carrying their debit cards with them while going shopping,” said Ravindra Pandey, deputy managing director (strategy) and chief digital officer, SBI.

Tokenized cards can also be used to make purchases at large online merchants such as Myntra, Yatra, Dunzo and many others.

  • Follow Us :
  • Tags
  • Credit Card
  • Debit
  • Google pay
  • New Delh

Related News

  • Your VISA queries answered

  • Credit card challenger slice enters UPI payments market

  • 150 mn people across 40 countries using Google Pay: Sundar Pichai

  • RBI lifts all restrictions on HDFC Bank; permits new digital launches

  • After suspension of Visa and Mastercard, Russia to issue cards using China’s UnionPay

  • Mastercard, Visa suspend operations in Russia

Latest News

  • Kishan Reddy slams TRS over remarks on Modi

    11 mins ago
  • Hyderabad: Cop’s timely response saves life of man

    15 mins ago
  • Hyderabad: Case against firm in family suicide attempt incident

    20 mins ago
  • SAI forms 3-member panel to look into gymnast Aruna’s allegations

    25 mins ago
  • TSLPRB receives 12,91,006 applications

    29 mins ago
  • Gutka worth Rs 5.08 lakh seized in Hanamkonda

    46 mins ago
  • Recruitment of sanitation workers stalled in Nirmal: Indrakaran

    48 mins ago
  • Jagtial police constitutes anti-human trafficking unit

    1 hour ago

company

  • Home
  • About Us
  • Contact Us

business

  • Subscribe

telangana today

  • Telangana
  • Hyderabad
  • Latest News
  • Entertainment
  • World
  • Andhra Pradesh
  • Science & Tech
  • Sport

follow us

© Copyrights 2022 TELANGANA PUBLICATIONS PVT. LTD. All rights reserved. Powered by Veegam