The use of mobile money services has become the center of our online transactions.
According to statistics, the Digital Payments segment has a global transaction value of US$5,204 billion in 2020 and is the largest segment within FinTech.
China is currently the biggest market in the world in Digital Payments, with transaction value reaching US$2,496 billion in 2020.
In Ghana, the use of mobile money services has also become common in our daily online transactions.
Since the introduction of mobile money services in Ghana, businesses and individuals have embraced this FinTech in their services.
Being able to use your smartphone or smartwatch to make payments makes a lot of sense.
We carry them almost everywhere, and adding more credit cards to your mobile payment provider of choice doesn’t take up any more space in your pocket.
However, today’s post introduces a new online payment system launched by the search engine giant Google.
And this post will teach you more about GooglePay, how to use it, and all questions answered.
What Is Google pay?
Google Pay was formerly called Google Wallet. In January 2018, Google merged its previous Android Pay to Google Wallet to form Google Pay.
The idea is to help mobile online payment services and put all the brands under the umbrella of Google Pay or G Pay.
Google Pay is an alternative to Apple Pay. It is easy and convenient to use. All you have to do is download the app from the Google play store, set it up with your credit or debit card in Ghana, and use it for any online payment platform that accepts Google Pay service.
You can use it for online payments, in-app purchases, peer-to-peer money sending, etc.
How To Use Google Pay
Below are the steps to set up and use Google Pay in Ghana for your online payments:
- Download the Google Pay app from the Google Play store.
- Launch the app on your phone and tap on the “Get Started Button.”
- Add your Gmail account and permit Google Pay to access your device.
- Google uses this to give you alerts on locations that accept Google Pay.
- Google Pay will ask you to authenticate your account with a password (PIN, Pattern, Password, and Fingerprint are accepted), not a facial lock.
- You’re set to start using the Google Pay app.
How To Add A Payment Method In Google Pay App
- Launch the Google Pay app on your android device.
- Tap on the Menu 亖 and click on the “Payment” tap.
- Click on “Add payment Card” to add either a credit or debit card.
- Enter your card details (Card number, expiry date, and PIN)
- Choose the onscreen options to verify your payment method.
After successfully adding your payment method, you can use the Google Pay app to make payments online, just like PayPal, Payoneer, Amazon Pay, Apple Pay, etc.
How Does Google Pay Work
If you usually buy premium apps from the Google Play store, you’ll notice the “Buy With google Pay” button in apps.
This means you can purchase the app with your Google Pay account without entering your credit card info or shipping address each time you make a purchase.
Again, most online and physical shops accept Google Pay in their transactions. If you want to buy items from a shop with your Google Pay, search whether the shop accepts Google Pay in the first place.
You can use Google Pay with almost any contactless payment terminal. If the merchant’s terminal supports “chip” credit card payments, it nearly supports Google Pay payments.
Is Google Pay Safe?
Possibly, yes. When you’re paying in-store, Google said Google Pay doesn’t share your exact card details. Instead, the merchant receives a unique encrypted number.
Possibly, yes. Using Google Pay in your online transactions or in-store payments is safe. Google pay doesn’t reveal your card details. The online vendor or merchant will only see a unique encrypted number.
Does Walmart Accept Google Pay?
According to our research, Walmart does not accept Google pay or Samsung Pay. The company has its mobile wallet called Walmart Pay.
You can use Walmart Pay by downloading the Walmart app on your device and create your account with your payment information.