The tokenization feature is said to pick pace in India as Google Pay has joined forces with many banks in India on Monday. The tap-to-pay feature enables the customers to safely pay the amount by simply tapping on (NFC) near-field communication terminals, which makes the transaction quick and much easier.
The users of SBI debit and credit cards can make payments securely with the help of digital tokens attached to their phones, keeping their card details safe with themselves. The customers can easily and directly deal with online merchants without being redirected to 3D secure sites.
The previous cards that were issued without the NFC chip are now being terminated for use and replaced with new ones that have digital tokens attached to it. Governments’ efforts to bring India together in the UPI (Unified Payments Interface) is now showing results with this new agreement of Google Pay in India.
In order to use the tap-to-pay feature on your phone, you need to enter your card details on Google Pay app , followed by the OTP. This feature can be then be used at NFC terminals and online merchants effectively, keeping your card details private.
Although it is unclear whether this feature is under testing or Google has started to roll out this feature slowly among its users. Some users also saw an option of adding multiple cards on their Google Pay app recently. This could be a new feature in case you want to utilize the multiple cards that you have.