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Google working on a smart debit card to rival Apple Card

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  • Comments (31)

Sagar 18 April 2020

Google Online services

Apple announced the Apple Card last March and Huawei unveiled its physical payments card last week. Now TechCrunch reports Google is also preparing to announce its physical payments card. Its exact name is currently unknown, so let's call it Google Card for now.

This is not the final design of Google Card This is not the final design of Google Card

Unlike the Apple Card, which is a credit card made in collaboration with Mastercard and Goldman Sachs, Google Card is a debit card that will be co-branded with different bank partners, including Stanford Federal Credit Union and Citi.

Besides, Google Card will come with a Visa-powered chip, but the search giant may expand support for other payment processors like Mastercard later on.

The Google Card could be used for purchases at retail stores and it will support contactless payments as well. There will also be a virtual version of Google Card which could be used for Bluetooth mobile payments, and you'll get a virtual card number as well for online purchases.

Google working on a smart debit card to rival Apple Card

Users will be able to monitor all their transactions from a Google app, likely Google Pay, and they will have the option to lock the card if it's being misused or gets stolen. And if someone gains unauthorized access to your account, you can lock it, too.

Google working on a smart debit card to rival Apple Card

It's currently unclear when Google will announce this physical debit card, but the company in a statement confirmed that it's exploring ways to "partner with banks and credit unions in the US to offer smart checking accounts through Google Pay, helping their customers benefit from useful insights and budgeting tools, while keeping their money in an FDIC or NCUA-insured account".

Source

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Reader comments

A
  • Adul Al Salami Kebab
  • pcL
  • 21 Apr 2020

Google not to insult you but when people gets their GMAIL hacked despite following all the advice you give I am fairly sure you are not ready to start a credit card service... UwU

  • Reply
W
  • WazzaG
  • dUS
  • 20 Apr 2020

Not in the UK. Credit card numbers are 90% obscured so it would appear on a sales & PDQ sales terminal as either 5890 xxxx xxxx xxxx or xxxx xxxx xxxx 5890. I haven't had any till receipt show my DC or CC number for a good few years no...

  • Reply
a
  • abigfanoftechs
  • 3HQ
  • 20 Apr 2020

Not for us Westerners. I tried American Express once but some places didn't accept it. I believe Huawei's card will be MasterCard backed.

  • Reply
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Total reader comments: 31

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