Google Debit Card to Rival against Apple Card
Google has already planned to offer checking accounts via its Google Pay application, as confirmed in November 2019. But, the company is now rumored to launch a virtual google wallet card along with its physical google debit card via the app. It is said that the company is working on Google Wallet Card to rival against its competitor, i.e., Apple Card, to expand the potential of its payment application.
As reported by TechCrunch, this checking account and the google debit card will soon enable users to do online and offline payments easily. Sources close to the development team shared the first look of Apple Card competitor Google Debit Card (image attached below). The Google Wallet Card will include your name, QR code, and partner bank name. Moreover, it might enable the debit cardholders to access account details by just scanning it from within the app itself.
All the info, including the bank balance, purchase history, transaction history, and the ability to lock a lost/ missing card, all these features will be accessible via the Google Pay app itself. You can have a look at its screenshot attached below. Google will also enable you to track location-based payments – same as Apple Card user can.
The sources have also provided a couple more screenshot of the apps that shows more privacy features. Moreover, You can also choose to disable contactless payments, reset google virtual debit card number, and more. The question may come in your mind – why is Google even making a debit card?
Well, TechCrunch points out that the company might use this data better to target its ad campaigns in the long run. To which, Google didn’t confirm or dispute the TechCrunch’s findings and lately, send out a statement saying, “we are exploring how we can partner with different banks and credit unions are to offer smart checking accounts via Google Play.”
9to5Google seems to have found evidence of the Google debit card in the Google Chrome flag mentioned ‘#autofill-enable-google-issued-card.’ The source, however, doesn’t confirm any new features, except for that debit card will be linked to the individual Google account. But the catch here is, the card will launch with different branding that will surely help it to stand out among the other virtual or physical cards you add in Google Pay.