Sooner Google have its own Smart Debit card | TechCrunch Report

Google is working on developing its own smart debit card

Google is developing physical and virtual debit cards under its own brand according to a report by TechCrunch.
Google is currently developing its own virtual debit and credit cards which will then be associated with specific checking accounts of users. Users can purchase things with a card, mobile phone or online.

google smart debit card - gpay


The Google Card Come with Following Future

According To the report,the card will connect to a google app that will allow Users to monitor purchases,Check account balance or Lock their account.
The Card will be Co-Branded,Other partners on the card will include CITI and Stanford Federal Credit Union,It said.

The Payments card is likely to become the foundation of the Google's current digital payments Solution,Its Google Pay app to help the Tech gaint take on Apple.Apple currently has its own virtual payment solutions including Apple to Pay and the Apple Card.
As of Now,Google Pay allows one-on-one transactions between two accounts through virtual payment IDs that deposit the money directly into a user's bank account.

FinTech Solution

The Search gaint has been working on fintech solutions for a while now.The Wall Street Journal in Nov.2019 had reported that Google was working on to check accounts to Consumers under its project Cache.
In response to the TechCrunch report,Google had provided a similar statement that it had to WSJ.The company said that it was exploring partnerships with banks and credit unions in terms of offering smart checking accounts to consumers a through Google pay.

Its leading partners are Citi and Stanford Federal Credit union.It will be sharing more details about this project in the Coming months,the report said.Google Pay had more than 67 millions monthly active user in 2019.
Would you pay with a "Google Card?"As Per TechCrunch has obtained imagery that shows google is developing its own physical and virtual debit cards.The Google card and associated Checking account will allow users to buy things with a card,Mobile phone or online.it connects to google app with new features that let users easily monitor purchases,Check their Balance or lock their account.The card will be Co-Branded with different bank partners,Including CITI and Stanford Federal Credit Union,

Its leading partners are Citi and Stanford Federal Credit union.It will be sharing more details about this project in the Coming months,the report said.Google Pay had more than 67 millions monthly active user in 2019.
Would you pay with a "Google Card?"As Per TechCrunch has obtained imagery that shows google is developing its own physical and virtual debit cards.The Google card and associated Checking account will allow users to buy things with a card,Mobile phone or online.it connects to google app with new features that let users easily monitor purchases,Check their Balance or lock their account.The card will be Co-Branded with different bank partners,Including CITI and Stanford Federal Credit Union,

google debit card


Google the Financial services Company

By building a smart debit card,Google has the opportunity to unlock new streams of revenue and data. It could potentially charge interchange fees on purchases made with the card or other checking account fees,and then split them with its banking partners.
Depending on its privacy decisions,Google could use transaction data on what people buy to improve ad campaign measurement or even targeting.Brands might be willing to buy more Google ads if the tech gaint can prove they drive a sales lift.

By building a smart debit card,Google has the opportunity to unlock new streams of revenue and data. It could potentially charge interchange fees on purchases made with the card or other checking account fees,and then split them with its banking partners.
Depending on its privacy decisions,Google could use transaction data on what people buy to improve ad campaign measurement or even targeting.Brands might be willing to buy more Google ads if the tech gaint can prove they drive a sales lift.

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