After making a big bang entry into the Indian payments space with Tez, Google is close to renaming the service as Pay and consolidating it under the global payment umbrella of Google Pay, two people in the know of the matter said.
This could potentially open the Unified Payments Interface (UPI) as a mode of payment for app purchases on Google Play Store, which experts say is a huge use case waiting to be tapped.
When contacted, a Google spokesperson said there was nothing new to announce at this point in time. “We have always maintained that we will bring payments across different platforms,” the spokesperson said in an emailed response.
Google has been consolidating payments across Asia, so probably would want to use a global name to avoid confusion, one of the people mentioned above said.
This could potentially open the Unified Payments Interface (UPI) as a mode of payment for app purchases on Google Play Store, which experts say is a huge use case waiting to be tapped.
When contacted, a Google spokesperson said there was nothing new to announce at this point in time. “We have always maintained that we will bring payments across different platforms,” the spokesperson said in an emailed response.
Google has been consolidating payments across Asia, so probably would want to use a global name to avoid confusion, one of the people mentioned above said.
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