Google Pay Will Not Charge Transaction Fees in India


INTRO: 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. version of Google Pay doesn’t apply to Indian users. “These charges and costs are specific to the US and don’t apply to the Google Pay or Google buy Business apps in India,” a Google spokesperson said.

For the uninitiated, Google currently operates two versions of Google Pay – the U.S. version and therefore the Indian version, which was previously referred to as ‘Tez‘. Since both apps are under an equivalent name, there’s always confusion when the corporate reveals new features for either version of Google Pay.

The U.S. version of Google Pay recently got a design revamp that brought the interface closer to the Indian version of Google Pay (Tez) and added neat features like splitting bills among friends and family. It also added a 1.5% or $.31 (whichever is higher) transaction fee on transfers done employing a open-end credit . This transaction fee in question isn’t applicable to users in India.

Alongside the redesign revamp, Google also discontinued Google Pay on the online for users within the U.S. “Starting early in 2021, you won’t be able to use to send and receive money from other people. To send and receive money, use the new Google Pay app,” states the notification banner.

So yeah, Google’s reassurance to not impose charges is sweet news for anyone using Google Pay as their payments app. If you’ve never tried Google Pay, you’ll check it out from the link below.

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