Google Pay introduced Three New Features including ‘Buy Now, Pay Later’
Over the last few years, digital wallet use has increased. People are using digital wallets or online payment apps to make smooth transactions and in this regard, the apps are enhancing the user’s experience by bringing new features in it. Similarly, Google Pay has recently introduced three new features to provide a smooth and easy transaction process without compromising safety. These features will make online shopping safer and easier. As per the reports, these updates are added to make the user easily know about card benefits before making a payment.
One of the features includes an option of “buy now, pay later” and securely autofill card details. Now those using this app for transactions will get more benefits with 100 percent security. The app will also show the benefits of the cards at checkout. As we mentioned above, the new features are introduced to provide a simple and say transaction experience. It is an undeniable fact that Credit cards usually come with a variety of rewards to increase usage such as cashback on payments, discounts on dining at restaurants, and travel points that can be redeemed for flights or hotel stays.
Even while these benefits can add up, it can be challenging for cardholders to recall which card gives the most rewards for a given transaction. For example, one card has the option of extra cashback on online shopping or grocery shopping, while another provides benefits on travel-related expenses. It is tough for cardholders to remember these things. In order to make things easy, Google Pay has launched a new feature that will show the benefits of each card at the time of checkout. The aim behind adding this feature is to help users or cardholders easily identify which card will help them get the best rewards on their current purchase.
If customers use American Express or Capital One cards, they will see a list of their card advantages in the autofill drop-down option when they use Chrome on a desktop to check out. This implies that consumers may quickly determine which card to use for the best rewards without having to manually check the details of each card’s rewards programme. To make you easily understand, just think that you are purchasing a plane ticket, you might see that one of your cards offers extra travel points which will later on be used to reduce expenses, with the help of the new feature you get to know that you are using the right card for that purchase. Another example, you are heading out with your family or friends to dine out, your other card shows more offers of higher cashback for restaurant expenses then you can use it to get maximum benefits.
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Google Pay, also known as GPay, hopes to add more credit card issuers to this service in the future, increasing its usefulness for a wider range of users. Google Pay makes sure users always get the most out of their credit cards with the least amount of work by displaying card advantages at checkout. The last but not the least feature is “Buy now, pay later” (BNPL). It is worth noting that BNPL is becoming a famous way to do online shopping. As the name suggests, this feature offers a flexible payment option for consumers. Simply put, consumers can purchase things instantly and can pay them through installments instead of making full payments on the spot. This feature will provide benefits for large purchases and effortlessly manage the finances.
