Google Pay says user will have to pay charges to transfer money, Know details here
Digital payment platform Google Pay is going to discontinue its peer-to-peer payment facility from January next year. In return, the company will add a new instant money transfer payment system, for which the user will have to pay a charge. However, no information has been shared regarding how much charges the user will have to pay. Generally, when you transfer money to your bank account, it takes one to three days to transfer money. At the same time, the payment transfer through your debit card is done immediately. The company has announced from the support page that when you transfer money with a debit card, there is a charge of 1.5%. In such a situation, a charge will also be imposed on Google instant money transfer.
According to the report of 9to5Google, at present, Google Pay allows users to send and receive money from mobile or pay.google.com for free. However, a notice has been announced by Google to close the Web app. In such a situation, users will not be able to transfer money through Pay. Google app from the beginning of 2021. For this, the user will have to use Google Pay. Also, it has been clarified by Google that the support page of Google Pay will also be closed from January next year.
Major changes to Google Pay: Many features have been introduced by Google last week. This entire feature has been rolled out for American Android and iOS users. Besides, the company has also changed the logo of Google Pay.