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Google Pay, Visa partner for card-based payments with tokenisation

Posted bySumit Arora Published On September 23rd, 2020 Leave a comment on Google Pay, Visa partner for card-based payments with tokenisation
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Google Pay has partnered with VISA for the rollout of tokenization across its platform that will enable users to safely transact with their debit or credit cards. Through tokenization, Google Pay users can make payment by using the debit or credit card without physically sharing their credit or debit card details through a secure digital token attached to their phone.

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About Tokenization feature

  • The feature will also facilitate the use of the tap-to-pay feature on near-field communications (NFC)-enabled point of sale (PoS) terminals and online merchants.
  • The feature also works with online merchants, delivering more native and seamless OTP experiences without any redirects to 3D secure sites.
  • This feature is now available to all users of Axis, SBI Card and Kotak.

Important takeaways for all competitive exams:

  • CEO of Google: Sundar Pichai; Headquarters: California, United States.
  • India & South Asia Group Country Manager of Visa: TR Ramachandran.

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About the Author
Sumit Arora
Sumit Arora
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As a team lead and current affairs writer at Adda247, my role involves researching and creating informative and engaging content aimed at helping candidates prepare for national and state-level competitive government exams. I specialize in delivering insightful articles that keep aspirants updated on the latest current affairs trends and developments. My primary focus is on educational excellence, ensuring that our readers are well-prepared and informed to face their exams with confidence. Through meticulously crafted content, I aim to guide and support candidates in their journey toward success.

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