Pakistani users will be able to link their debit and credit cards through the Google Pay application. This payment method will allow contactless transactions on compatible payment terminals.
As preparations for the launch continue, several financial institutions, ranging from four to six, are working with Visa and MasterCard to meet the required technical standards.
Rollout of Google Wallet, which enables support for multiple payment cards from various financial institutions, is expected to further expand digital payments in Pakistan, particularly through POS systems and online shopping platforms.
The prospect of Google Pay or Google Wallet in the Pakistan market is significantly beneficial and will boost Pakistan’s digital payment sector.
In recent years, this mode of payment has accelerated the growth of digital payments in Pakistan.