Google Pay gets tokenised cards, business app and spot codes

At its 5th Google for India event, the search giant announced new features for Google Pay in India. Tokenised cards, Google Pay for Business app, and ‘The Spot Platform’ are coming to Google Pay in India.

Tokenised cards will be available for Google Pay users in India soon. At launch, tokenised cards will be available on VISA cards for HDFC, Kotak, Standard Chartered and SBI banks. Mastercard and Rupay cards will be integrated for tokenized cards on Google Pay soon. Tokenised cards on Google Pay eliminate the need of redirection to enter OTPs while making payments through cards. Also, transactions below Rs 2,000 won’t require a PIN on tokenized cards.

Google also launched the ‘Google Pay for Business’ app in India. Merchants can now verify themselves through the Google Pay for Business app.