Thursday, February 06, 2020

Google Pay Goes Global Thanks to Colossal Success in India

Bullish on Google Pay and its rising adoption in India, Alphabet has taken cues from the successful experience in India and would soon roll out its revamped digital payments product globally.
Two years after debuting in India, Google's digital payment platform Google Pay hit 67 million monthly active users (MAUs) in India in September last year, driving transactions worth over $110 billion on an annualized basis with hundreds of thousands of offline and online merchants.
Don't we wish we could all scale our businesses like this!

"The vast majority of India's over 60 million small businesses are still not benefiting from the growing digital economy," says Ambarish Kenghe, Director, Product Management, Google Pay.

That is about to change.  Read more about how Google Pay goes global.

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