Google Pay continues to lead as one of the most popular digital payment apps in India. At the Global Fintech Fest 2024, Google announced some exciting new features for Google Pay, including UPI Circle, UPI Vouchers, Clickpay QR, and other game-changing updates. These additions aim to simplify financial transactions, making digital payments smoother and more accessible for users across India.
UPI Circle: Google Pay
One of the most significant updates to Google Pay is the introduction of UPI Circle, a feature designed to delegate payment responsibilities to trusted family members or friends. This addition is particularly helpful for people who might not have direct access to banking services or are reluctant to use UPI for digital payments.
How UPI Circle Works:
- Partial Delegation: The primary user keeps full control and must approve each payment request initiated by the secondary user.
- Full Delegation: The primary user can set a monthly limit of up to Rs 15,000, allowing the secondary user to make payments independently within that limit.
With these options, UPI Circle provides a flexible and secure way to manage payments, making digital transactions more accessible to everyone.
Also, read | How to Keep Your Personal and Financial Info on UPI Apps
UPI Vouchers: Google Pay
Google Pay is expanding the scope of UPI Vouchers, a feature initially used for COVID-19 vaccination payments. With UPI Vouchers, users can send prepaid vouchers linked to a recipient’s mobile number, allowing payments without needing a bank account.
Benefits of UPI Vouchers:
- Easy to issue and use across various sectors, including government programs and corporate gifting.
- Provides a seamless way to make payments, enhancing the digital payment experience for everyone.
Whether you’re a company rewarding employees or an individual sending a gift, UPI Vouchers make financial transactions quick and straightforward.
Clickpay QR: Google Pay
Making bill payments has never been easier with the new Clickpay QR feature, introduced in partnership with NPCI Bharat Billpay. Users can now pay their bills by simply scanning a Clickpay QR code using the Google Pay app.
Why Clickpay QR Stands Out:
- Scanning the QR code automatically fetches the latest bill details, eliminating the need to remember account numbers or customer IDs.
- Offers a fast, accurate, and hassle-free bill payment experience, streamlining the process for users.
This feature is perfect for anyone looking to save time and avoid the usual complexities of bill payments.
Prepaid Utilities Payment
Google Pay is making it easier to handle recurring payments with the new Prepaid Utilities Payment feature. Users can discover and link their prepaid utility accounts, such as electricity or housing society bills, directly within the app.
Key Highlights of Prepaid Utilities Payment:
- Manage and track all your recurring payments in one place.
- Enjoy a more organized and stress-free way to handle monthly expenses.
As more utility providers join, this feature will become an essential tool for managing regular payments conveniently.
Tap & Pay with RuPay Cards
Adding even more convenience, Google Pay now supports Tap & Pay for RuPay cards. Users can add their RuPay cards to the app and make payments by simply tapping their phone at card machines.
Advantages of Tap & Pay:
- Secure storage of card details ensures that your 16-digit card number remains protected.
- Makes payments effortless, reducing the need to carry physical cards.
This feature is a game-changer for RuPay cardholders who are always on the go.
Autopay for UPI Lite
Lastly, Google Pay is introducing Autopay for UPI Lite, designed to automatically top up your UPI Lite balance when it drops below a specified amount. UPI Lite is perfect for small-ticket transactions, allowing users to continue making payments without worrying about running out of balance.
Autopay Benefits:
- Keep making small payments seamlessly without interruptions.
- Ensure your UPI Lite balance is always ready for your next transaction.
FAQs: UPI Cricle
1. What is UPI Circle on Google Pay?
UPI Circle allows you to delegate payment responsibilities to trusted family members or friends, either by requiring approvals or setting a monthly limit for independent transactions.
2. How do UPI Vouchers work?
UPI Vouchers let you send prepaid vouchers linked to a recipient’s mobile number, allowing them to make payments without needing a bank account.
3. What is Clickpay QR?
Clickpay QR allows users to pay bills by scanning a QR code with Google Pay, which automatically fetches the latest bill details for fast and easy payments.
4. Can I use Google Pay to manage recurring utility payments?
Yes, the Prepaid Utilities Payment feature allows you to link and manage your prepaid utility accounts directly through Google Pay.
5. How do Tap & Pay with RuPay cards work?
You can add your RuPay card to Google Pay and make payments by simply tapping your phone at a card machine, making transactions quick and secure.
6. What is Autopay for UPI Lite?
Autopay for UPI Lite automatically tops up your balance when it falls below a certain threshold, ensuring you can continue making small transactions without interruptions.