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Google Pay Users In Brazil Can Now Pay With Debit Cards

Google Pay Users In Brazil Can Now Pay With Debit Cards

In an effort to grow usage of its Android smartphones in Brazil, Google has introduced a debit card payment program through Google Pay.

Reuters is reporting that the company is making the move because many online retailers in Brazil only accept credit cards due to a preponderance of fraud. 

Latin America Google Pay exec Joao Felix said that there are 60 million people with debit cards in Brazil and only 50 million with credit cards. Increasing and enabling debit card payments will help Google to grow, he said. 

Google said it won’t charge issuers, processors or retailers for using its system, and card issuers including Banco do Brasil, Banco Bradesco and Itau Unibanco Holding will all allow for debit card usage. So will Mastercard, Visa, Elo, iFood and Rappi. 

In June, Google Pay announced support for PayPal.

“We’re thrilled to announce we’ve expanded our collaboration with PayPal to make payments easy and seamless no matter how or where your customers like to shop. Now, you’ll be able to accept PayPal with Google Pay on your app or website in all 24 countries where your customers can link their PayPal account to Google Pay,” Google said in a blog post.

Google also said that using PayPal is a good way for merchants to reach new customers and continue to grow.

“Hundreds of millions of users already have their payment methods saved to their Google Account,” Google said. “And as of 2018, customers who use their PayPal account to make a purchase on a Google app or service like Google Play and YouTube can automatically choose that PayPal account when they pay with Google Pay — no new setup required. When you enable PayPal as a payment method on your Google Pay integration, all of these customers will be able to seamlessly check out on your website or app.”

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NEW PYMNTS DATA: HOW WE SHOP – SEPTEMBER 2020 

The How We Shop Report, a PYMNTS collaboration with PayPal, aims to understand how consumers of all ages and incomes are shifting to shopping and paying online in the midst of the COVID-19 pandemic. Our research builds on a series of studies conducted since March, surveying more than 16,000 consumers on how their shopping habits and payments preferences are changing as the crisis continues. This report focuses on our latest survey of 2,163 respondents and examines how their increased appetite for online commerce and digital touchless methods, such as QR codes, contactless cards and digital wallets, is poised to shape the post-pandemic economy.

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