Friday, October 12, 2018

How Google Pay is better than other Wallets!

Google Pay is a digital wallet and online payment system developed by Google. It is primarily used to transfer money between users via UPI. Users need to download, install, register themselves on Google Pay. For UPI transactions, you need to link this Google Pay account with one of your saving bank account, the mobile number linked to bank account and Google Pay registered number should be one in the same. You could set password to open the app and a separate password for all the UPI transactions.

After registration, users can transfer money, send messages to their contacts. You could also earn 51/- on successful referral and it will be 151/- in your wallet if your referral does UPI transaction, they appear in the bottom with name "INVITE A FRIEND". Apart from this you would scratch cards, upon swiping them you get cash back which will be directly credited in to your bank account. Find this in the Rewards of the Promotions section, this section also shows you with the current offers.

Google Pay app shows list of people with whom you've already had successful transactions. You can even link your mobile for making recharges with this app. You can check your bank account balance anytime by clicking on the CHECK BALANCE option. If you wan to check the list of transactions any point of time then click on the "TEZ MODE TRANSACTION", which lists you with all the credits and debits from the begging of time.

On the other hand it is quite dangerous because it can he hacked by anyone in and around as. The app password(4 digit) and the UPI PIN(6 digit) both are numeric and are easy for someone to trace. One must be very careful because all the money from bank account can be stolen in a less than a minute.