Are you a fan of cashless transactions? Global e-commerce wouldn’t have come this far without the invention of the digital wallet.
Google Pay is a digital wallet developed by Google to power online, in-app, and in-person contactless transactions using mobile devices.
Read on as we throw more light on this.
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Digital Wallets Are a Lifesaver
Since creating the first digital wallet in 1994, the first online purchase was made. Then, a CD was sold for $12.48 on the NetMarket; since then, the idea of cashless transactions has kept dominating the commerce world.
What Is a Digital Wallet?
Digital Wallets or Electronic Wallets are financial applications installed on our mobile devices. They help us store our payment information and password securely.
With digital wallets, you can shop around using your device without carrying your credit card around.
All your financial Information, like debit or credit card, bank details, etc., are stored safely in our digital wallets, which we then use to pay for purchases without disclosing our pieces to the merchant.
Also, modern digital wallets can store other valuables aside from money. Valuables like;
- Event tickets
- Loyalty cards
- Memberships cards
- Gift cards
- Coupons
- Drivers license
- Hotel reservations, etc.
As of 2022, more than 2.8 billion mobile wallets are in use, and the number is projected to be 4.8 billion mobile wallets in use by 2025.
Since we are in the era of mobile transactions, various companies and startups have created tons of digital wallets for holding standard currencies.
Today, we will talk about one of the most popular digital wallets in the world, Google Pay, and list some of the top businesses that support Google Pay transactions.
What Is Google Pay?
Google Pay is a digital wallet developed by Google to power online, in-app, and in-person contactless transactions using mobile devices.
With Google Pay, customers can now make purchases using Android phones, watches, and tablets. The app is available for IOS and Android devices.
In 2018, Google developed Google Pay as a replacement for all other existing payment services like; Google Wallet(2011) and Android Pay(2015).
Currently, Google Play has over 150 million and operates in more than 40 countries worldwide.
How to Get Started With Google Pay
To set up a Google Pay account is simple;
- Search for Google Pay on your native device App Store or Play Store and downward it
- Add your credit or debit card to the Google Pay Card tab.
- Select your payment option (You can either take a photo of your card or enter the Information)
- Google Pay will require you to verify via an authentication or real-time SMS.
- You are done! Just go around and start shopping at stores with contactless payment terminals.
How Does Google Pay Work?
Google Pay uses a technology network called Near Field Communication(NFC). This technology mind is one of the fastest and most secure forms of mobile transactions.
Users will have to place their device close to the terminal, and the transaction will be made without cards.
NFC wireless technology allows two devices to exchange Information without physical contact.
Check out the Google Pay or Contactless Payment logo whenever you are in a store. If it’s available, open your Google Pay app and go close to the terminal, hold your divide close to the airport, and then wait until a beep sound or a checked mark to confirm that the transaction is successful.
SEE ALSO: Does Walmart Take Apple Pay in 2022?
Top 20 Places that Accept Google Pay for Purchases
With the ease of the transaction system Google Pay has provided, it has been widely adopted by various stores worldwide. As a result, millions of stores around the world use Google Pay.
Businesses like supermarkets, gas stations, beauty shops, restaurants, clothing stores, and other retailers accept Google Pay services.
In the United States, millions of Google Pay users and thousands of stores accept Google Pay.
Below I have listed up to 20 popular business brands that accept Google Pay!
- Dunkin Donuts
- Nike
- McDonald’s
- Whole Food Market
- Best Buy
- Jet Blue
- American Eagle outfitters
- KFC
- LEGO
- Bermo
- Book Shires
- Chevron
- Create & Barrel
- Macy’s
- Schnucks
- Farm Fresh
- Foot Locker
- Game Stop
- Giant Eagle
- Jewel Osco
What Are the Top 10 Alternatives to Google Play?
Google Pay is not the only digital wallet brand in the space. There are hundreds of digital wallet brands; some are usually more widely used than others.
Apple Pay has more market shares than Google Pay.
The following are hundreds of Google Pay’s top 10 alternatives to Google Pay by market share;
- PayPal (23%)
- ShopPay(12%)
- Visa(10%)
- MasterCard(10%)
- Apple Pay(9%)
- American Express(9%)
- Stripe(8%)
- Google Pay (8%)
- Venmo(6%)
- Facebook Pay(4%)
- Amazon Pay(2%)
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Conclusion
The digital transaction is here to stay and we’ve painstakingly put together the top 20 places that accept Google Pay for purchases.
It makes our life easier with the various payment options available. As technology keeps advancing, so will the way we shop and pay become easier.
While Google might not be the top player in our digital wallet list, its impact is worldwide. Free, super convenient and safe, what else beats that?