Following confusion regarding transaction fees in Google Pay, Google has now issued a clarification to reassure that the transaction fees introduced for the U.S. model of Google Pay doesn’t apply to Indian users. “These charges and fees are specific to the US and do not apply to the Google Pay or Google Pay for Business apps in India,” a Google spokesperson said.
For the uninitiated, Google at present operates two variations of Google Pay – the U.S. model and the Indian model, which was beforehand generally known as ‘Tez‘. Since each app is beneath the identical title, there may be at all times confusion when the corporate reveals new options for both models of Google Pay.
The U.S. model of Google Pay has also introduced a new interface that is near to the Indian model of Google Pay (Tez) and added neat options like splitting payments amongst family and friends. It additionally added a 1.5% or $.31 (whichever is increased) transaction charge on transfers finished utilizing a debit card. This transaction charge in query just isn’t relevant to customers in India.
Google mentioned that the conversations and payments made between friends will largely remain the same, while the interface for businesses got some new changes. Users will also be able to view past transactions and will also be able to make purchases directly.
Along with this, the company has also introduced a new Group feature in the app which enables users to split expenses and bills and also keep a track of who paid how much and how much is owed by others.
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