Is Google Pay safe to use in India and do you need a bank account in India?

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Avatar for Ankitmi08
Written by
4 years ago

Yes it is safe and you do need a bank account. Google pay leverages the Indian national digital payment platform called UPI - unified payments interface. As the name suggests it’s an open and secure platform for banks to move money through their accounts. Payment services such as Google pay use these platforms to provide a variety of digital payment services so that it very consumer friendly. These services utilise the banking system to transfer money between people/merchants through your bank account. Ultimately it is money being transferred from account to account in banks. Some of the other popular payment services other than google pay are Paytm, PhonePe etc.

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Comments

Nice article Dear, pls subscribe me.

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User's avatar Ripa11
4 years ago

Good article dear...

Hey subscribed u now , back me plz..

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User's avatar Asif_135
4 years ago

Using google pay from approx 4 years now. So far have benefited a lot... Let's see what google brings to us in future

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User's avatar AshokChandola
4 years ago

.Truly it is sheltered and you do require a financial balance. Google pay use the Indian public advanced installment stage called UPI - bound together installments interface. As the name recommends it's an open and secure stage for banks to move cash through their records

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User's avatar Vaibhav.xd
4 years ago

Thanks

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User's avatar Ankitmi08
4 years ago

Likelihood to Recommend. Google Wallet is well suited when I send an invoice and can get paid instantly via this service. And it is well suited when I don't need that money instantly, due to the time it takes to transfer to bank account for use. It is less appropriate when I need to be able to use it instantly.

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User's avatar Mohit
4 years ago

Today i read an article in TOI that some banks are thinking of levying charges if number of transactions are greater than 20 in a month but I-T department has given warning that no charges wqill be levied. UPI has increased ease of payment and reduced charges but carriers like VISA and others have suffered loss and banks also have got less fees as UPI is free by NPCI and RBI.

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User's avatar Ragz
4 years ago

That is true gpay is very secure app for indians. Cashback directly transfer in your account. That is awesome.

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User's avatar A24abhay
4 years ago

UPI has changed the payment system in India completely! I can't even think of payment without UPI now. Great article ! Was an insightful read! Keep posting more <3

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User's avatar ashisnayak
4 years ago

Thank you alot

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User's avatar Ankitmi08
4 years ago

Right

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User's avatar Mohit
4 years ago
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