Google has introduced several features in its Pay feature for both Android and iOS users which have been first rolled out in the US.
The new Google Pay app is designed around relationships with people and businesses.
“It helps you save money and gives you insights into your spending. It’s built with multiple layers of security to keep your money and information private and safe. And in 2021, it will give you the chance to apply for a new kind of digital bank account with trusted financial institutions,” said Caesar Sengupta, General Manager and VP, Payments and Next Billion Users.
The company said in a statement on Wednesday it is working with trusted financial institutions to create Plex, a new mobile-first bank account integrated into Google Pay.
“Plex Accounts are offered by banks and credit unions, include checking and savings accounts with no monthly fees, overdraft charges or minimum ...
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