. Some consumers may prefer this method because they would rather not provide personal details and they do not want to worry about identity theft. In addition, they can shop quickly and easily.
The payment process is fast because it involves a phone-based application. It also offers other security features such as biometric authentication. There is a two-step verification process. You will first have to link your phone to your account. After this step, you will only need to enter your bank account number and the last four digits of your social security Smart watch with google pay number to confirm your identity.
If you do not have a bank account, Google does not accept it as a payment method. You can use any Android or iOS phone for this. In order to make a purchase, you need to scan the QR code. The app uses geofencing technology to warn you if you get too close to a store.
Google Pay does not work for every app. Some apps are not compatible with it. For example, Apple Pay is currently unavailable on watches. It also cannot be used for cash purchases.
The main advantage of Google Pay is that it is free. No additional fees will be charged. This is unlike credit and debit cards. Google Pay works only if the merchant has signed up for it.