Google Wallet Launched in Pakistan | How Will It Work | CHINAR24
The world is becoming digital day by day. The use of paper currency is decreasing day by day, instead people now prefer to make online payments digitally.
In Pakistan too, the trend of online payments digitally has been growing for the last few years. Keeping this in mind, after a long wait, Google Wallet has finally been launched in Pakistan.
Google Wallet is being used in more than 100 countries around the world. Google claims that thanks to this app, users will be able to make digital payments with the help of their mobile phones even if they do not have their payment cards.
What is Google Wallet?
Google Wallet was formerly known as Google Pay. For a long time, this Google app has been ensuring digital payments, which has now been launched in Pakistan as well. It is an Android app in which users can use it continuously through their mobile phones after entering their data.
People Using Google Wallet will now be Free from Hassle of Bulky Wallets in their Pockets.
With the help of this app, users can easily make their bank payments, online shopping, train and flight ticketing, and online payments at shops through this app. From now on, users will be able to make their digital banking possible through this mobile app even if they do not have ATM cards. In addition, they will also be able to save and use the boarding passes of some specific flight companies in this app.
How to use Google Wallet?
The procedure for using Google Wallet is as follows;
1. First, download the Google Wallet app from the Google Play Store on your mobile.
2. Then set it up using your Google Gmail account.
3. Add your existing bank debit or credit card information to your Google Wallet. Remember, your information will be completely safe.
4. If your card information is already in your Google Wallet account, Google Wallet will automatically retrieve it.
5. Once your card details are added, you will be able to make digital payments across Pakistan without having to carry your card.
Which Banks in Pakistan Support Google Wallet?
Since Google Wallet has just been launched in Pakistan, only a few banks in Pakistan are currently connected to Google Wallet. But over time, all banks will be connected to this Google Wallet.
The banks in Pakistan that support Google Wallet are as follows.
- Bank Al-Falah
- Bank of Punjab
- Faisal Bank
- Habib Bank Limited (HBL)
- Jazz Cash
- Meezan Bank
- United Bank Limited (UBL)
If you have a debit or credit card of any of the above banks, you can use the services of Google Wallet. According to the data of 2024, 64 percent of the population of Pakistan has bank accounts. Keeping this in mind, all banks will soon be connected to Google Wallet.
A spokesperson for Google Wallet Pakistan says that soon all banks in Pakistan will be connected to Google Wallet and their customers will benefit from the services of Google Wallet.
Can we Withdraw Money from ATMs without ATM Card using Google Wallet?
This question must also be echoing in your mind that can we withdraw money from ATMs without a card using Google Wallet?
So the answer is NO. This facility is not available in Pakistan at the moment.
This is possible in Western countries because the ATM machines there are quite modern and can scan the card directly from the phone. But in Pakistan, there are almost no ATM machines that can scan the saved Bank card in Google Wallet. Therefore, this is not possible in Pakistan.
However, Google Wallet will ensure one thing that from now on, you will only need a bank card at the ATM machine. You can make digital payments at all other places only from Google Wallet.
Pros & Cons of Google Wallet
Google Wallet is a very useful method. But along with this, there are some risks and concerns associated with it. How is Google Wallet beneficial and harmful? Let's talk about it.
Pros of Google Wallet
Using Google Wallet, we will be able to ensure online payments, top-ups at shops, and digital payments from our mobile phone. This is a safe and easy method to which we do not have to keep our bank cards and cash in our pockets.
Cons of Google Wallet
After using Google Wallet, all the information of our bank cards is saved in our mobiles. But if our mobile phone accidentally falls into the hands of someone, he can use our Google Wallet to pay and transfer money from our cards.
But the best solution for this is that we do not hand over our phone to anyone and at the same time strengthen the phone's security system, i.e. lock, etc. So that even if someone gets our phone, they cannot easily access our Google Wallet.