Google pay News

UPI-PayNow real-time payment linkage will go live on July 17, 2025. Users in both India and Singapore can remit funds to a wider base, making the service more accessible and convenient.

The National Payments Corporation of India (NPCI) which manages UPI, announced in a circular dated April 26, 2025 that it is working to make UPI transactions even faster.

The DoT has Introduced "Financial Fraud Risk Indicator (FRI)" to strengthen Cyber Fraud Prevention. that enables Enhanced Intelligence sharing with Banks, UPI service providers and Financial Institutions.

Ultimate beneficiary  shall be displayed on the payer app as well as during display of transaction statement/history, NPCI  has said in a circular.

Google Pay Personal Loan Apply Online: From effortlessly splitting bills with friends, no extra app needed, to unlocking cashback rewards through fun scratch cards, the app is all about making life easier and more rewarding.

Credit Or Debit Card On Google Pay in Android: Google Pay uses a secure technology called 'tokenization', which replaces your actual card number with a virtual number, or "token". This feature is available only on the Android version of the Gpay application.    

In 2020, the Indian government waived the Merchant Discount Rate (MDR) for UPI transactions under Rs 2,000 to encourage digital payments.

Whatsapp Bill Payment Feature Android: This move aims to streamline digital payments by eliminating the need to switch between multiple apps, positioning WhatsApp as a comprehensive utility platform. 

Users can can continue to access the most popular features such as tapping to pay in stores and managing payment methods - right from Google Wallet, which is used five times more than the Google Pay app in the US. 

Google has made it clear that the launch of Google Wallet will not impact Google Pay, its widely used UPI application in India.

Users in India and Singapore can be reassured as the service will remain unchanged in these areas. 

Google has launched SoundPod in India. SoundPod was introduced in a limited pilot last year. The SoundPod is an audio device designed to assist merchants.

The UPI LITE feature was launched by the Reserve bank of India in September 2022 to ease the UPI transaction process and is enabled by National Payments Corporation of India (NPCI). 

"With the Aadhaar-based UPI onboarding flow, Google Pay users will be able to set their UPI PIN without a debit card," Google Pay said in a statement.

The feature is now available to RuPay credit card holders of Axis Bank, Bank of Baroda, Canara Bank, HDFC bank, Indian Bank, Kotak Mahindra Bank, Punjab National Bank and Union Bank of India.

In the fourth quarter, Paytm also recorded UPI incentives worth Rs 182 crore in the quarter, up by 101 per cent on a yearly basis.

Google Pay users get extra money credited to their a/c. Users get money due to the bug. Users get up to Rs 80,000.

India's Digital Payment ecosystem has thrived a lot in the past few years. Since demonetisation in 2016, digital payments have shot up to break all records. India recorded over 23 billion digital transactions worth over Rs 38 lakh crore in the third quarter of FY23. The UPI-related digital payment transactions number stood at over 19.65 billion in volume and Rs 32.5 lakh crore in terms of value. The recent report on Digital Payments showed that UPI transactions have almost doubled since 2021. The top three UPI apps used widely by Indians are PhonePe, Google Pay and Paytm. 

India has decided to extend the deadline on capping the share of digital payment transactions by about two years. The NPCI had said in late 2020 that payment firms will not be allowed to process more than 30% of the total volume of transactions on UPI from Jan 1. They are powered by the state-backed United Payments Interface (UPI) framework.