Google is reportedly working on a smart debit card as it aims to catch Apple in the battle to own your banking habits
Vladimka production/Shutterstock
Google already has a payment platform in Google Pay, but a card would make it easier for users to make purchases physically, using the app, or online.Google is reportedly working on a smart debit card as it looks to make a splash in the fintech space – and catch Apple's lead.reports that Google is working on physical and virtual debit cards which would link to an associated checking account.
Similarly, Google's card would connect to an app and allow the user to purchase things either using the card, their phone, or online. Like the Apple app, Google's will give the user an easy way to see activity on their account. But this would also give Google the opportunity to charge interchange and other various fees, opening up new, potentially highly lucrative new revenue streams for the company.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Google says Gmail blocked 18 million coronavirus phishing emails - Business InsiderGoogle blocked an average of 18 million daily malicious coronavirus messages to Gmail users in the last week as hackers try to capitalize on fear and less secure remote-work setups
Read more »
U.S. senator says Apple, Google need to show contact tracing will not violate privacySmartphone software makers Alphabet's Google and Apple will have to convince the public that any contact tracing technology to track who has been exposed to the new coronavirus will not lead to a violation of their privacy, Senator Richard Blumenthal said on Wednesday.
Read more »
Google Cloud BrandVoice: How Google Meet Supports Two Million New Users Each DayOver the past several weeks, we’ve seen G Suite’s video conferencing solution help millions of people stay connected. We’re acutely aware of our responsibility to these teams. Here’s a little more on what that means, and just a few of the many stories we’ve heard.
Read more »
Google Parent Alphabet to Pull Back on HiringGoogle’s parent company said it would slow hiring as a result of the coronavirus pandemic, in a sign that even the largest corporations are recalibrating to prepare for a recession.
Read more »
Goldman says fewer 'loss of smell' Google queries suggest better COVID outlook'Data on the pace of virus spread are encouraging, suggesting that lockdowns have paid large dividends,' Goldman's chief economist wrote.
Read more »