Google pay is a very cool payment app, and it's really a very great piece of convenience when you just send money to anyone in a few clicks. The introduction of Google Pay took a revolutionary change in online payment technology. A number associated with your bank account is sufficient to help you manage your online payments. So, one question comes in mind, why Google Pay? There are so many payment apps already available in the market. Let you define it with a piece of good news that Google pay App is going to introduce for you in the year 2020. As per the survey conducted by researchandmarkets.com, the number of Google users is towards an increment phase.
What Does The Worldwide research data from Researchandmarkets.com says
The research data revealed by researchandmarkets.com clear that google play will see rapid growth by the year 2020. Based on the latest figures, the growth rate of Google Pay App is in double digits. When we come to calculate only US data, it was the expectation that the number of new users in 2019 will be cross 1 million marks. And in terms of the global scenario of the year 2020, the number status of Google Pay users will catch up with Samsung Pay.
Continuous increase in use of Google Pay for online & in-store purchases
The reason behind its popularity is that it supposed a variety of channels like online & offline stores, P2P, and all eCommerce platforms. Other than this, mobile walled has already got one digit payment shares for Europe and USA transactions. Other than this, Australia figures out Google pay as the 4th most used mobile payments in stores between the years 2017 & 2018.
Some FAQs related to Google Pay app
- How many Google Pay worldwide users are projected in the year 2020?
- Google Pay supports what major channels
- Why country and region-wise the adoption rates of google pay vary?
- What is the rank of the Google pay app in comparison to other mobile wallets?
Reason Behind the Popularity Of Google Pay Worldwide
- Authenticity, Security, and ease of use
- Quick transfer without hassle
- The name Google itself means a big
- The trust factor that it gives is incomparable
- Swift and easy to use
- Highly Secure
Conclusion:
Apart from such benefits, Google Pay provides special offers to users and gives earning opportunities for users. So, most of the users get a solid reason to switch to google pay app.