Google Pay will have digital bank accounts next year

At this point, we should no longer be surprised by the movements that the main technology firms are making to offer financial services to their users, including Google, which now, in association with a series of banks in the United States, has taken a step forward. ms so that the arrival of digital bank accounts to Google Pay users can be a reality over the next year.

For Google Pay digital bank accounts, Google will take care of the user experience, through an experience that offers users the usual tools so that users can manage their own money, while the different partner banks will take care of everything related to the financial management of users’ digital accounts.

Total, eight banks with a presence in the United States have joined this initiative, where in addition to Citi and Stanford Federal Credit Union, which were already present, Bank Mobile, BBVA USA, BMO Harris, Coastal Community Bank, First Independence Bank and SEFCU have now joined.

For Google, today’s announcement is basically an extension of Citi and SFCU’s original bank account businesses.

For the moment it is unknown exactly how the new Google Pay digital bank accounts will work, and what benefits they will offer to users. To all this we must also add, as pointed out in 9to5Google, that there are recent rumors that Google is also working to launch its own debit card that can be managed through Google Pay.

In any case, Google, like other technology firms such as Apple or Samsung, are working to offer financial services aimed, above all, at a generation of users accustomed to managing their finances through mobile phones, and who cannot find answers to their demands. through traditional banking services.

As is often the case in these cases, it is still necessary to keep waiting, and in the meantime be attentive to rumors and everything that may come officially or unofficially, until the time comes when Google can offer all the information possible.

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