Google Pay won’t charge money transfer fee for Indian users

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Photo Courtesy: Google

Highlights:

  • Google Pay will no longer allow peer-to-peer payments facility on its web app from January.
  • The older Google Pay app version will not be functional from January 2021.
  • Google Pay refuses to charge any money transfer fee from Indian users.

A week ago, Google Pay received a new update for both Android and iOS that brought a redesigned UI with better management of payments and revamped privacy controls. It also said that users would not be able to use pay.google.com on the web to send/receive money from other users, starting early in 2021 and it will charge a money transfer fee on instant money transfers, to its users in the US.

However, Today,  Google India has confirmed that these changes including the money transfer fee for instant money transfers are especially for the US market, and not applicable to the Indian market. In a statement, Google India said: “These charges and fees are specific to the US and do not apply to the Google Pay or Google Pay for Business apps in India.”

Google has also added some new Group features, which can be used to split bills and expenses, and keep a track of those who have done the payment and who else is remaining. It is still unknown whether the new features will be rolled out in the Indian market or not.

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