FILE PHOTO: a Small toy figures are seen in front of a Google logo, in this illustration, the picture, April 8, 2019. REUTERS/dado Ruvic/Image/File Photo
SAO PAULO (Reuters) – the Alphabet Inc, and Google, on Monday launched a credit card payment function, as in Brazil, through Google’s Pay-to-promote the use of its Android-powered smartphones.
Online retailers in Brazil it is often only with the use of credit cards, not debit cards, as a result of a higher incidence of fraud, it is a problem, Google said that it has done, without you having to do anything.
Joao Felix, who is responsible for Google’s Pay in Latin America, said Brazil has 60 million debit card holders, as credit card holders, a total of 50 million euros. With the inclusion of payments made by debit card, Google will increase with the audience, he added.
For further details regarding the new direct debit feature, or the use of estimates was not provided.
Google will not charge retailers, credit card companies or the card processors) to the use of the payment from the payment platform. Felix said: “the objective of the company is the increase in smartphone use.
Credit card companies, Banco do Brasil SA, Banco Bradesco SA and Itau Unibanco Holding SA will allow customers to make use of Google’s Pay to the debit of the position, as well as the card networks of Mastercard, Visa, Elo, and e-commerce platforms, such as the delivery of apps, Rappi, and iFood.
Report by Carolina Mandl; Editing by Steve Orlofsky