Google will announce new Google Pay app and co-branded debit card

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Google is making ready for a video announcement livestream going down tomorrow morning. Pictures of a Google co-branded debit card leaked again in April together with mockups of cash managing instruments within the Google Pay app, very like the Apple Card does for iPhone customers within the Pockets app on iOS.

The video premieres this Wednesday morning at 9:27AM (PT) on Google’s YouTube Channel (embedded beneath). The video is at the moment pending a livestream beginning at the moment and the video’s description says:

We invite you to look at stay and study extra concerning the new Google Pay app, designed that can assist you enhance your relationship with cash. It’s coming to Android and iOS, beginning within the US.

This video’s description traces up with the leaked photos from April. Google should be able to launch its personal government-backed banking system that additionally offers customers visible spending instruments and simple methods to handle spending. There’s nonetheless no different element concerning the precise options of such a debit card or rewards applications, however Google must be asserting all of that within the morning.

Previously leaked 'Google Card' images
Previously leaked 'Google Card' images

Beforehand leaked ‘Google Card’ photos

With the discharge of the Apple Card, Google thinks it will probably fill a void left by Apple: a digital checking account. The Apple Card is finally a bank card, and doesn’t use routing numbers to obtain checks or ACH funds, and the benefit that Google has is opening a checking account received’t rely on a consumer’s credit score historical past and it may cater to each Android and iOS customers.

Google has already had a debit card prior to now. The Google Pockets Card was a MasterCard debit account that pulled funds immediately from a Google Pockets steadiness or from a saved cost technique. Again then, the concept of the Google Pockets card extra carefully rivaled the PayPal debit card, however it was finally discontinued after just a few brief years.

Given Google’s assets, knowledge, and infrastructure, now we have no doubts it will probably pull off launching a ‘Google Financial institution’ of kinds. However Google can be recognized for launching handy providers after which pulling the rug after it doesn’t go the best way it
panned out.


from Techoview
via Techoview