Google P2P Payments Via QR Codes In The Offing?

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Google is working on using QR codes to allow its users to send peer-to-peer (P2P) payments. While Google Pay already enables P2P payments, XDA-Developers revealed that the company is adding support for QR codes to make that process a bit easier, at least if a user needs to pay someone they just met and make a quick transaction.

With the addition of QR codes, users would be able to send money by scanning each other’s smartphones. The leaked screenshots show that people will be able to see the QR code option in the “Send” section of the Google Pay app. When choosing the option, a QR code is then generated so the Google Pay application can scan it and make it easier to send money.

It is currently unknown when the service will officially be released.

This would be the latest change for Google Pay, which launched a new user design in July. With the updated interface, Google users will be able to check out a Hub page to see the latest announcements and trending games on its Play Games app. The new look is also a simpler interface, with users now able to see a list of the recent spending, giving them the ability to add and remove payments, manage subscriptions, update billing addresses and make other changes. In India, the new interface makes it easier for consumers to track spending on Google’s services.

In February, the tech giant announced the launch of its new mobile app for viewing and managing payments across platforms, cards and other payment methods, in addition to plans for making the Google Pay capability accessible to all — no matter what device they’re using. The end goal is to enable easy, secure payments for anyone, anywhere in the digital or physical world, all using a single account.

Source: PYMNTS

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