![]() We are working closely with other banking partners to further expand the adoption of card-based payments with tokenization in India,” said Sajith Sivanandan, Business Head: Google Pay and NBU – APAC. ![]() The addition of SBI and Federal debit cards, IndusInd Bank debit and credit cards and HSBC credit cards helps extend this offering to millions of card users on the Visa network. With the addition of the new set of lenders, Google expects a significant increase in customer base opting to make tokenized payments through the app. Google Pay already allows customers of Kotak Mahindra Bank, SBI Cards and Axis Bank to link their cards with the payment app and make tokenized payments. ![]() ![]() The network partner for these transactions is Visa. The leading digital payments firm has now added debit cards by SBI, IndusInd Bank and Federal Bank and Credit cards by IndusInd Bank and HSBC India to its tokenized offerings – a feature that enables users to make debit or credit card payments through a secure digital token attached to their phone without having to physically share their credit or debit card details. Mumbai: Google Pay has tied up with a clutch of leading Indian banks, including country’s largest mass market lender, the State Bank of India to offer tokenized card services to customers on its Unified Payments Interface (UPI) app, the US-based internet giants announced on Wednesday.
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