Google launch Google Wallet in South Africa to fuel digital payments
Google Wallet sets up in South Africa to serve burgeoning digital payments industry
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Reuters reports that Alphabet Inc launched Google Wallet in South Africa on Tuesday. This is part of their effort to grow a foothold in the country’s digital payment landscape.
The shift to digital payments has accelerated due to the COVID-19 pandemic and many people like making contactless payments on their smart device.
The Google Wallet app stores consumers debit or credit card information and allows shoppers to pay for goods by tapping their phone at the checkout.
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Read a report on the rise in digital payments, including Google Wallet
From Tuesday, Google Wallet will be able to work with bank cards. Cardholders of FirstRand Bank, Discovery Bank, Investec, Standard Bank and ABSA can now use their bank cards in Google Wallet. Nedbank will be added on later
Users will be able to make in-store payments with their Android or points of sale device devices that accept contactless payments.
Apple’s competitor, Apple Inc. launched their Apple Pay app in South Africa last year.