Google Pay increases global money transfer
Google has been forcing people to do this paid for the Pay program losing the central shape of the old type, inclusive person-to-person transfers. Now, it is launching some changes that should attract millions of US users who regularly send money abroad. As of today, Google Pay is launching a global currency platform in partnership with investment companies Wise and Western Union. So far, the move is only available by relocating people to India and Singapore, but Google says it plans to expand the service to more than 200 countries by the end of the year.
In an effort to entice users, Google is offering unlimited cash transfers to Western Union until June 16, with Wise issuing an initial fine of up to $ 500. These changes see Google entering the global value market $ 470 billion, to deal with PayPal and Samsung Pay.
As it turns out, several digital wallets and fintech are already going to offer cryptocurrency trading to remain active operators. Preferences PayPal, less Venmo and Square Cash Software allow users to buy and sell Bitcoin and other currencies. Obviously, Google will recognize this, but if it follows suit it is still visible.
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