Photo: Cashify.in
Google Pay To Soon Launch FD Services For Its Users
Equitas Small Finance Bank has partnered with Google Pay to offer Fixed Deposits (FD). As per the bank, opening an FD will be as effortless as making UPI payments. The users can schedule an FD via Google Pay under the 'Business and bills' section. Reportedly, the bank will provide up to 6.35% yearly interest rates on an FD. After maturity, the money will be sent to google's affiliated account.
Tags: Google Pay, fixed deposit, UPI Payment, gpay
Courtesy: Gadgets Now
Photo: Economic Times
G-Pay Rolls Update Allowing US Users To Send Money To India, Singapore
\Google pay in partnership with Western Union and Wise has rolled out a new feature that lets users from the USA send money to people in India and Singapore. Reportedly, the update does not support the user-to-business transactions at the moment. Moreover, while Western Union will offer users unlimited free transactions till June 16, Wise will not charge them for their first transaction up to $500.
Tags: gpay, USA, India, money, new update
Courtesy: Indian Express
Photo: Flipkart Stories
PhonePe Logs Most Number Of Digital Transactions; Surpasses Google Pay
Walmart-backed digital wallet platform PhonePe has recorded the most number of transactions in October, overtaking Google Pay. PhonePe logged 835 million transactions, which were 15 million higher than Google Pay (820 million). Sameer Nigam, CEO of PhonePe, mentioned that their goal is to make digital payments "a way of life" for Indians and added "Our next target is to cross 500 million registered users by December 2022."
Tags: phonepe, gpay, highest records
Courtesy: India Times
