Fintech & Ecommerce

Mastercard announced Google Pay rollout across Europe

The extension caters to cardholders across Romania, Estonia, Austria, Portugal, Hungary, Greece, Lithuania, Bulgaria, the Netherlands, and Latvia

Mastercard Google Pay

Mastercard announced Google Pay rollout across Europe. Source: pexels.com

Mastercard cardholders across Europe will now have access to the Google Pay service, the company reports.

This will enable users with Android devices to make fast, convenient, and secure purchases online as well as in stores. It will also give the users the option to pay contactless using their phones.

This service will be provided in collaboration with fintechs and other issuers. Among these include Bunq, Banca Transilvania, Monese, Revolut, CEC Bank, N26, Paynetics, Swed bank, and Viva Wallet among others.

The new launch shows the companies continued commitment to simplifying people’s lives through innovation. With the pandemic, the use of contactless payments rose to 80% across Europe. People are now keen to use pay contactless and online.

The cards allow users to pay contactless where accepted, whether in public transport or a store.

For more security, Mastercard has added a unique card number referred to as Token. This will replace the account numbers. The measure reduced digital payments related to fraud.

We’ve reported that Google Pay launched a new game, “Go India,” for the festive season. Anyone who plays and completes all the game tasks will get a reward of up to $6.69.

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