Google Unveils 3 New Game-Changing Features for Google Pay: UPI Circle, Vouchers & More
In brief:
New Delhi: Google Pay, one of India’s most popular payment apps, has introduced several new features aimed at enhancing user experience. Announced at the Global Fintech Fest 2024, these features include UPI Circle, UPI Vouchers, Clickpay QR, and more. These updates are expected to roll out later this year, making digital payments even more seamless and accessible.
UPI Circle
A standout feature is UPI Circle, designed to help users delegate payment responsibilities to trusted individuals like family members or friends. This is particularly useful for those who don’t have direct access to banking services or are hesitant about using UPI. UPI Circle allows an existing Google Pay user to add secondary users to their account with two levels of delegation:
- Partial Delegation: The primary user must approve each payment request initiated by the secondary user.
- Full Delegation: The primary user can set a monthly limit (up to Rs 15,000), allowing the secondary user to make payments independently within that limit.
UPI Vouchers
Google Pay is expanding UPI Vouchers, originally introduced for COVID-19 vaccination payments. Now, these prepaid vouchers can be linked to a recipient’s mobile number and used across various sectors. UPI Vouchers simplify transactions by eliminating the need for the recipient to link a bank account to UPI, making it easier for organizations and individuals to issue and utilize vouchers.
Clickpay QR
Clickpay QR is a new feature designed to make bill payments more convenient. In partnership with NPCI Bharat Billpay, this feature allows users to scan a Clickpay QR code with the Google Pay app. The QR code fetches the latest bill details automatically, removing the need to remember account numbers or customer IDs, ensuring a fast and hassle-free bill payment experience.
Prepaid Utilities Payment
Google Pay is also expanding support for recurring payments with Prepaid Utilities Payment. Users can now link and manage their prepaid utility accounts, such as electricity or housing society bills, directly within the app. This feature centralizes and simplifies the management of recurring payments.
Tap & Pay with RuPay Cards
Google Pay is introducing Tap & Pay for RuPay cards, allowing users to add their RuPay cards to the app and make payments by tapping their mobile phone at a card machine. This feature ensures that card details are securely stored, making payments more convenient and reducing the need to carry physical cards.
Autopay for UPI Lite
Finally, Autopay for UPI Lite is a new feature that automatically tops up a user’s UPI Lite balance when it falls below a certain threshold. UPI Lite, designed for small-ticket transactions, ensures users can continue making payments without worrying about insufficient balance.
These updates reflect Google Pay‘s commitment to making digital payments in India more accessible, user-friendly, and inclusive, paving the way for a more convenient financial ecosystem.
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