Google is making its own smart debit card2020-04-17 17:57 by Daniela
Google is reportedly testing its own Google-branded smart debit card that will help customers make and track purchases made online and in stores, according to a report from TechCrunch.
The debit card would be available in both virtual and physical formats for making purchases. The leaked screenshots reveal that users would be able to add or remove funds from the card after connecting a bank account, with a fingerprint and PIN for account security. Users would also have a virtual card number and CVC code for online or in-app payments.
The cards will be co-branded with different bank partners, depending on the users' checking account, with CITI and Stanford Federal Credit Union mentioned in the report.
This Google Pay Card, if released, will be distinct from the Apple Card. Google's new debit card will work with the company's existing Google Pay system, and Google will introduce several new features to the Google Pay app to allow users to manage their new Google-branded card. Apple's Card, on the other hand, is a credit card.
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