Introduction to Google Pay

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Last Updated on January 4, 2023 by Ashish

Introduction

As we know that Google has its Android Pay Apps and Google wallet that are used to set up contactless payments. Now the question arises, “What is unique about Google Pay?”

The answer to the above question is that Android Pay has been replaced or redesigned by Google Pay. Google has created a digital payment interface that allows for the management of cashless transactions, phone recharges, bill payments, etc. This platform is supported by various mobile apps like Airbnb, Hotel Tonight, Lyft, instacart, etc.

Startup Name
Founded by
Founded on
Renewed on
Website 
Google Pay
Sujith Narayanan and Sumit Gwalani
September 11, 2015
January 8, 2018
pay.google.com

Some of the features of Google Pay are:

  • One can effortlessly send money to friends or other connections using the Google Pay Send tool by adding their email address or phone number.
  • You have relatively easy access to the hundreds of millions of cards that are linked to Google Accounts all around the world.
  • On the app’s home screen, it displays nearby relatable stores and accepts Google Pay payments. Based on your past shopping habits at stores as well as your current location, this suggested list is completely customized.
  • Developers can readily receive payments with Google Pay by authenticating that the user’s Google Pay is activated. Google does not handle the financial transactions instead securely transfers the credentials to whoever does by simply using the Google API.

How does Google Pay run?

When a consumer clicks on the Google Pay payment button, a payment sheet appears on the screen that includes the payment methods saved to the user’s Google Account as well as optional data like a shipping address field.

How does Google Pay run?

The payment procedure looks like this:

  1. When a person clicks on the Google Pay payment button, a list of available payment methods displays on a payment sheet.
  2. Google Pay safely returns a payment token for the chosen payment method to your app.
  3. This payment token and purchase information is submitted by the app to its backend.
  4. The backend executes the purchase and transfers the payment token to the payment processor to carry out the payment.

Evolution of digital payments across the globe

Over the past couple of decades, technology has fundamentally changed several aspects of daily living, and paying bills is no exception. The evolution of digital payments is happening on a worldwide scale. This is hardly a revolution; rather, the payment landscape is being shaped by a continual evolution of technology, services, and consumption patterns.

Continue reading as we examine the advancement of digital payments over the past few years and predict where things are headed.

  1. Online banking: The introduction of online banking services near the end of the 1990s was a crucial advancement in the development of digital payments. It seems logical that many users were hesitant to convert to internet banking, with worries about safety and security being the main motivators. But in the modern era today, the vast majority of individuals frequently utilize some kind of internet banking service.

Importance of Online Banking Services

  1. Open Banking: Digital payment systems are expected to change as a result of open banking. Numerous experts have predicted that platforms like Trustly will enable consumers to securely make cashless apps using funds from their bank accounts. Consumers now have considerably more control over their fund’s thanks to open banking, while businesses can rest easy knowing that payments will be completed.

Cashless Transactions: Go Digital

  1. Debit/Credit Cards: When the Bank of America launched the first general-purpose credit card in 1958, it marked the beginning of a dramatic shift away from cash payments. After that, things picked up speed as cashless payment methods like Visa and MasterCard spread throughout the globe.

Cashless Payment via Credit/Debit cards

Even though technology has surely advanced much since the first cards were introduced, encryption did prove to be a significant burden for card issuers. The online gambling industry is probably one of the most notable industries that has benefited from this technology. 

  1. Cryptocurrency: Prior attempts have been made to develop digital currencies with encrypted ledgers. Cryptocurrencies like Bitcoin handle payments anonymously using secure decentralized technology, hence users are not required to provide their financial details. The network’s users may all access the blockchain, a public ledger that powers the system and records each and every transaction.

A beginner’s guide to cryptocurrency 

Even during the next ten years, the payment environment will change as a result of accelerating technological advancements.   We are aware that the payment world is rapidly changing. The exchange of money will be fast and cashless. Payment amounts will decrease. Credit cards will be less used by consumers. When it comes to making payments, consumers and businesses will benefit from considerably greater openness, speed, cost savings, and choice.

Understanding Google Pay

When it was launched: Google’s first mobile payment system, Google Wallet, was created in 2011 for Android handsets. Google Wallet was dubbed Android Pay in 2015 and only focused on peer-to-peer transactions. Google declared in 2018 that Google Wallet would merge with the other payment options under the Google Pay name and renamed Google Wallet as Google Pay Send.

How did Gpay get its name?

For cashless transactions on Android smartphones, we use only Google Pay. Through the Google Pay website or the app on Android or iOS, payments can be sent without incurring any surcharges. However, Apple Pay is supported when making NFC payments using an iPhone or Apple Watch.

How it was adapted: Google is aiming to turn Google Pay into a multipurpose digital wallet by:

  • By increasing the list of cards, passes, and vouchers that Google Pay supports
  • By collaborating with cryptocurrency suppliers to introduce digital cards that will allow users to maintain cryptocurrency assets while still making payments in conventional banking

Additionally, Google intends to expand the payment options available through its search and shopping services by offering rewards, discounts and consumer loyalty cards directly in search results. To make Google Pay a “comprehensive” platform, the plans call for expanding support for computerised tickets, travel tickets, and even vaccine passports.

Who were its competitors: Join the digital revolution by doing cashless transactions in stores, and shopping online. Here are some of the best digital payment apps:

  • PayPal
  • Apple Pay
  • Samsung Pay
  • Venmo
  • Zelle
  • Cash App

Tough competitors of Google Pay

To start using the Google Pay API, adhere to these steps

To activate your Google Pay API, follow these steps:

  1. Our Google Pay API Terms of Service and Acceptable Use Policy should be read and followed properly.
  2. To access the reference materials for your payment gateway, browse the list of authorized processors and connections.
  3. Now, Read and follow the Google Pay Brand guidelines.
  4. The Introduction and Integration Assessment should be finished.
  5. Send a production access request to Google Pay API through Google Pay and Wallet Console.
  6. Assure that Google Play services version 18.0.0 or above are installed on your Mobile phones.

Set up your Google Pay API

Set up of Google Pay API

Prior to starting: Complete the tasks listed in the next sections to get your app ready.

  1. App requirements: Ensure the following values are used in your app’s build file:
  1. A compileSdkVersion of 19 or higher
  2. A minSdkVersion of 28 or higher
  3. Configure your application within your Google Pay account:
  1. Set up Google Play services, at least version 19.1.0.
  2. Add a payment methods after installation of theGoogle Pay App.
  3. Payment method should also be added to Google.
  4. Read and Follow the Google Play developer guidelines and our Google Pay API Acceptable Use Policy. 

Configure your app: Complete the tasks listed in the following sections:

  1. App’s dependencies: Include both the Google Maven repository and the Maven central repository in the build script and all projects sections of your project-level build.gradle file.

The Gradle build file for your module, typically app/build.gradle, should now include a dependency for the Google Play services required by the Google Pay API.

  1. Update the manifest: You must include the following Google Pay API meta-data element in the AndroidManifest.xml file to enable Google Pay in your app.

Beginner’s Guide: How to use Google Pay

You can incorporate the Google Pay API into your Android application if it’s released via the Google Play store. Use the instructions in this tutorial to integrate your application and set it up to accept credit and debit cards.

  1. Specifying the Google Pay API version: Specify the Google Pay API version that your software supports. The response includes both the large and small versions, which have an impact on the fields specified in each object passed. End up making a base request object with the same attributes as all other request objects.
  2. Get your payment provider’s payment token by requesting one: For safe and convenient processing by a payment processor, Google encrypts data about the card a payer has chosen.
  3. Give a list of accepted payment card networks: Specify which card networks your software accepts.

The Google Pay API may return a device token on an Android-powered device that has been validated with a 3-D Secure cryptogram (CRYPTOGRAM 3DS) or cards that have been stored on Google.com (PAN ONLY). 

Check with your payment processor and receiver to verify that device tokens (CRYPTOGRAM 3DS) are authorized in your location.

How to use Google Pay and what are its different features? 

  1. Describe all the payment methods you accept: Combine your supported security techniques and authorized card networks to demonstrate your application’s support for the CARD payment method.

Modify your base card payment method type so that you can specify the data like tokenized payment information that should be returned to your application.

Currently, CARD payment is the only accepted money transaction method.

  1. Create a PaymetsClient instance first: To interact with the Google Pay API, we need to create the PaymentsClient instance.
  2. Detect payment readiness using the Google Pay API: Add the accepted payment options to your base request object. Call the isReadyToPay API to check whether the operator is capable of using the Google Pay API.  The documentation for the IsReadyToPayRequest JSON object has a complete set of customizable properties.
  3. Create a PaymentDataRequest: It describes the data that you require from a receiver in a Google Pay payment sheet. It also describes the transaction price as well as the present situation of the listed price.

Consult the TransactionInfo JSON object documentation for further details.

  1. Set up a user gesture event handler: Create an OnClickListener if you want to display the Google Pay payment sheet during the activation of a payment button. All the important information that is required to support payment is provided by the PaymentDataRequest. Now easily handle the Task by using the AutoResolveHelper class and then handle its outcome using onActivityResult method.

Steps to Remove a Credit/Debit Card from Your Google Pay Wallet

Using Google Pay, you can process online transactions, accept payments from buddies, and even monitor your bank balances, which is a rather feature-rich payment tool. Your all personal financial information is secure and protected because of its multiple security levels.

You can simply remove a card from Google Pay if you no longer want to use it. The good news is that deleting card information from Google Pay is much easier than adding one.

Removal of debit/credit card from Google Pay

Just adhere to these instructions to delete a card:

  1. Click on the credit/debit button at the top – right corner of the home page.
  1. To remove a card, simply click on it and more information about it ought to appear on your screen.
  2. Click “Remove payment method” from the three dots present at the top right corner.
  3. You will receive a pop-up confirmation before proceeding further where you have to select “Yes, Remove”.
  4. Your card would be immediately deleted from the Google Pay accounts.

What’s new on Google Pay?

  1. Create a UPI PIN on GPay: You must enter your UPI PIN every time you add your new card information, and details of your bank account or initiate a transaction.  The first time you add the details of your bank account, you’ll be prompted to create a UPI PIN.  It’s important to keep your UPI PIN confidential and safe. If there’s even a remote possibility that your PIN has been leaked, or if it’s anything as straightforward as “9999” or “1212”, you should change it right away.

How to change the UPI PIN of Google Pay?

  1. Set recurring payment reminders on GPay: It helps you to establish, monitor, and send your future payments to anyone in Google Pay. You can set reminders for forthcoming payments like:
  • Electricity Bill
  • Mobile Recharge
  • Home Rent
  • Water Bill, etc. 

You must choose a payment category and configure reminders for the payment.

  1. Create a group on GPay: 
  2. From the discovery page: The person who creates the group is the preferred group admin. The steps to create a group are:
  • Open the app on your phone/desktop.
  • Under the ‘People’ option, click on the ‘Add’ button, followed by “Create group”.
  • Choose the friends/contacts that you want to add to your group.
  • You can add only 100 members to one group.
  • Click on the ‘Done’ button.   

Create a friends group on Google Pay and name it accordingly

  1. From the chat page: The person who creates the group is the preferred group admin. The steps to create a group are:
  • Open the app on your phone/desktop.
  • In the top-right corner, click on the ‘More’ option, followed by Start a group chat
  • Choose the friends/contacts that you want to add to your group.
  • You can add only 100 members to one group.
  • Click on the ‘Done’ button.    
  1. Know more about DigiSaathi:24*7 Payments Helpline:
  • Instantaneous monetary transactions on handheld devices every day of the year, 24/7
  • The easiest solution to the inconvenience of COD is to hurry to an ATM or provide the precise amount
  • QR Code payment is available
  • Directly filing a complaint with this app
  • Multiple bank accounts can be linked using a single software platform
  • Multiple payments like electricity bills, phone recharges, water bills, home rent, cash payments made in person, and payments made a scan and pay method 
  1. View Transaction History: You don’t need to be concerned if you make online payments via Google Pay because it saves your account activity (transactions). It also records your financial data, including credit, debit, and reward cards.

Transaction history of all your payments 

Steps to view transaction history:

  1. Open your Google Pay app.
  2. Slide your finger up from the bottom to reveal your contacts
  3. To view all transactions, click on the button “All transactions”
  4. To view transactions involving a particular person: Click on the button ‘Contact’
  5. For additional information about each transaction, tap on it
  6. Answer to the money request:
  7. Respond: Pay on getting a request notification
  • Open your Google Pay App
  • Slide upward starting from the screen’s bottom
  • Open the payment request by clicking on the contact’s name or image
  • Click “Pay” from the request menu
  • Verify the sender, amount to be paid, and description information
  • Now select a payment method.
  • To pay, click on the “Continue” button
  • Send the final payment by entering your UPI PIN
  1. Respond: Decline on getting a request notification
  • Open your Google Pay App
  • Slide upward starting from the screen’s bottom
  • Open the payment request by clicking on the contact’s name or image
  • Click “Decline” from the request’s menu

Secure your personal information

  1. Protect your personal information: Google Pay has an additional feature called App lock functionality. When you reopen the app after adding your first bank account, a request to set the lock function will display. If you don’t want to set a lock function, then you have another option too. You will need to set up a Google PIN just to increase the security of your personal information/bank account details added to your Google Pay. It can also be encrypted using your current screen lock. Remember that your Google PIN is entirely different from your UPI PIN and your phone’s unlocking PIN.

Secure and hide your personal information 

  1. Your all  data is secured and kept private:
  • Your transaction history will never be shared with a third person or shared with the rest of Google for targeted advertising by Google Pay.
  • To access this app, you must first put a screen password on your phone for your convenience. You must unlock the app before using it each time.
  • To ensure the safety of your data, we safeguard your Google Account.  There is protection integrated into your Google Account that can recognise and stop threats like spam, viruses, etc. The Google Pay information that is saved in your Google Account is better secured from illegal access thanks to this built-in protection. 
  1. You have the option to block and report someone you want: You can prohibit anyone on Google Pay as well as on various other Google services, including Photos. You can block anyone if they send requests for money from you or if you don’t want them to get in touch with you using Google Pay.

Conclusion

Google Pay is making significant strides toward transforming the Indian payment industry. If consumers don’t use the app, they will miss out on a plethora of services and simple money transfer operations. You don’t need to worry too much about the app’s privacy and trustworthiness because it comes from Google. As of today, it provides a wide range of features and a lot of cashback and rewards options. Therefore, you should make advantage of it and profit from it. Receiving compensation for making payments is perfectly acceptable. This scenario benefits both you and Google.