Google Pay will soon let users in India make payments with their credit and debit cards, the Economic Times reports.
The app currently supports payments through the Unified Payments Interface (UPI) in India, for which users must link their bank accounts with it.
According to the ET report, Google will introduce a single software development kit (SDK) for merchants and developers in India to allow users to transact over multiple platforms – including debit and credit cards – using Google Pay.
Google Pay’s rivals in India, Paytm and Flipkart-owned PhonePe, already allow users to link their debit and credit cards to their apps.
The development coincides with Google’s announcement that it will soon let users in certain countries buy items on the Play Store using cash, and users in India do so through UPI.
In India, the Play Store currently accepts credit and debit cards, netbanking, carrier billing, Google Play balance and gift cards, including offline vouchers, as payment methods.
Google Pay has grown quickly in India since it was launched as Google Tez in September 2017. In early April ET reported that Google Pay had taken the pole position on the UPI platform in terms of value of transactions it had processed in March.
It said Google Pay clocked transactions worth Rs 43,000 crore to Rs 45,000 crore that month, while PhonePe and Paytm recorded Rs 31,000 crore to Rs 32,000 crore each. Paytm continued to lead in terms of the number of transactions, but its lead was narrow.