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Google Pay forays into Germany

29 Jun, 2018

Google Pay, which replaced Android Pay and Google Wallet, has expanded into Germany with the support of four local banks.

Google Pay forays into Germany

The platform has become live in Germany with the support of Commerzbank, Comdirect, Wirecard and N26.

Commenting on the association, Wirecard executive vice-president of consumer solutions Georg von Waldenfels said: “We are very excited about this new collaboration with Google. We welcome the launch of Google Pay in Germany today and the new impetus it will provide, together with boon, to the mobile payment industry in Germany.”

Other lenders such as Revolut and LBBW are also expected to support Google Pay soon.

Users with compatible cards need to sign up at Google Pay to start purchases with the smartphone.

The platform can be used at contactless terminals for offline purchases, where users can complete transactions with a simple tap on the point-of-sale terminal.

Users can save their card details to carry out online purchases with various e-commerce retailers.

Cards International
Credit Strategy
Electronic Payments International
Life Insurance International
Motor Finance International
Private Banker International
Retail Banker International

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