Send or receive money with zero fees, straight from your bank account to almost anyone. You can send or receive money even if your contact is not on Google Pay. Split lunch with a friend, pay the rent, or send money to mom. Google Pay has launched a new function for its users, named Tap to Pay. As the name suggests, the function will allow users to simply tap their phones to a POS machine in order to make payments. The Tap to Pay option will work through UPI for fund transfers.
The new ability has been launched on Google Pay in collaboration with Pine Labs. Google says that to complete a payment, all a user will need to do is tap their phone on the POS terminal and authenticate the payment from their phone, using their UPI PIN, making the process virtually instantaneous, as compared to scanning a QR code or entering the UPI-linked mobile number.
Google says that the functionality will be available to any UPI user who wants to use their NFC-enabled Android smartphone to transact using any Pine Labs Android POS terminal across the country. This was piloted with Reliance Retail and will now be available at other large merchants such as Future Retail and Starbucks.