Currently, Google Pay ranks second by volume transactions in India’s Unified Payments Interface (UPI) in the country and is looking to expand its offering features by introducing credit solutions for local medium, small, and micro enterprises (MSMEs). The loans offered go between approximately USD 3,370 and USD 4,000.
Google Pay has continuously increased its number of financial services offered in the country in the past year by providing loans and short-term credits to small merchants and individuals via CASHe, Zest Money, and others, while also offering ticketing services in partnership with local banks.
Every day we send out a free e-mail with the most important headlines of the last 24 hours.
Subscribe now
We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the The Paypers website, they in no way represent the opinion of The Paypers.