Google Pay adds tap-to-pay feature for Axis, SBI card users: Details here
Google Pay on Monday announced the rollout of
tokenisation across its platform, enabling users with debit and credit cards to
transact at NFC-enabled point-of-sale (POS) terminals and online merchants
through its tap-to-pay feature. The feature is currently available for Axis and
SBI card users on Visa payments network, and more banks, including Kotak are
expected to follow soon.
Through
tokenisation, Android smartphone users with Google Pay can use their debit or
credit card to make payments through a secure digital token attached to their
phone without having to physically share their credit or debit card details.
The feature also works with online merchants through one-time password (OTP),
without any redirects to 3D Secure sites.
To
enable the tap and pay feature using the smartphone phone (Android), users will
have to do a one-time set up by entering their card details and follow it by
entering the OTP they get from the bank to add their card to the Google Pay
app. After the registration, the feature can be used to make payments at
NFC-enabled terminals. Read More
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