Google Pay rolls out ‘UPI Circle’ and other features at Global Fintech Fest’24: Here’s how it works

Google unveiled new features for Google Pay at GFF 2024 in Mumbai, including UPI Circle for collaborative payments, eRupi voucher-based payments, and enhanced RuPay card support with Tap & Pay.

Livemint
Published30 Aug 2024, 09:22 PM IST
The introduction of UPI Circle marks a significant step forward in collaborative digital payments, made possible through a strategic partnership with the National Payments Corporation of India (NPCI).
The introduction of UPI Circle marks a significant step forward in collaborative digital payments, made possible through a strategic partnership with the National Payments Corporation of India (NPCI).

American tech giant Google unveiled a series of innovative features for its payment platform, Google Pay, during the Global Fintech Fest (GFF) 2024 in Mumbai, which concluded on Friday. Among the highlights is a new feature called UPI Circle, designed to enhance the digital payment experience by allowing users to include family members and friends as secondary participants in transactions without the need for them to link their own bank accounts.

The introduction of UPI Circle marks a significant step forward in collaborative digital payments, made possible through a strategic partnership with the National Payments Corporation of India (NPCI). This feature offers flexibility, providing users with the option for either partial or full delegation of payment responsibilities, making it easier for groups to manage expenses collectively.

In addition to UPI Circle, Google Pay also announced the launch of eRupi, a voucher-based payment solution that expands the versatility of UPI. This new feature allows both existing UPI users and organizations, including government bodies and corporations, to issue UPI Vouchers, simplifying the process of issuing and redeeming vouchers for various services and transactions.

The platform has also enhanced its support for RuPay cards by introducing Tap & Pay, a contactless payment feature. RuPay cardholders can now use their mobile devices to make quick and secure payments, further integrating the convenience of digital transactions into everyday life.

Moreover, Google Pay introduced an autopay feature for UPI Lite, streamlining recurring payments for users. The app now also supports ClickPay QR, making it easier for users to initiate payments by simply scanning a QR code, thereby reducing the steps involved in the payment process.

Meanwhile, Google Meet is introducing a new Gemini AI-powered feature called 'take notes for me,' which allows users to automatically generate notes during a video call. Initially announced by the tech giant last September, this update is now being made available to select Google Workspace users.

(With inputs from PTI)

 

Catch all the Technology News and Updates on Live Mint. Download The Mint News App to get Daily Market Updates & Live Business News.

MoreLess
First Published:30 Aug 2024, 09:22 PM IST
Business NewsTechnologyNewsGoogle Pay rolls out ‘UPI Circle’ and other features at Global Fintech Fest’24: Here’s how it works

Get Instant Loan up to ₹10 Lakh!

  • Employment Type

    Most Active Stocks

    Power Grid Corporation Of India share price

    338.70
    03:50 PM | 26 NOV 2024
    -4.15 (-1.21%)

    Adani Power share price

    437.75
    03:58 PM | 26 NOV 2024
    -9.1 (-2.04%)

    Bharat Electronics share price

    297.80
    03:54 PM | 26 NOV 2024
    5.35 (1.83%)

    GAIL India share price

    193.90
    03:54 PM | 26 NOV 2024
    -5.25 (-2.64%)
    More Active Stocks

    Market Snapshot

    • Top Gainers
    • Top Losers
    • 52 Week High

    Piramal Enterprises share price

    1,197.35
    03:47 PM | 26 NOV 2024
    89.55 (8.08%)

    Laurus Labs share price

    545.00
    03:29 PM | 26 NOV 2024
    12.85 (2.41%)

    Wipro share price

    589.05
    03:58 PM | 26 NOV 2024
    6.3 (1.08%)

    Federal Bank share price

    213.55
    03:51 PM | 26 NOV 2024
    0.55 (0.26%)
    More from 52 Week High

    Poly Medicure share price

    2,775.00
    03:29 PM | 26 NOV 2024
    -227.7 (-7.58%)

    Adani Green Energy share price

    899.40
    03:59 PM | 26 NOV 2024
    -68.25 (-7.05%)

    DCM Shriram share price

    1,160.00
    03:29 PM | 26 NOV 2024
    -67.3 (-5.48%)

    Fortis Healthcare share price

    664.60
    03:59 PM | 26 NOV 2024
    -36.15 (-5.16%)
    More from Top Losers

    Piramal Enterprises share price

    1,197.35
    03:47 PM | 26 NOV 2024
    89.55 (8.08%)

    Triveni Turbines share price

    824.30
    03:54 PM | 26 NOV 2024
    60.4 (7.91%)

    Capri Global Capital share price

    210.00
    03:29 PM | 26 NOV 2024
    15.35 (7.89%)

    Vodafone Idea share price

    7.53
    03:59 PM | 26 NOV 2024
    0.55 (7.88%)
    More from Top Gainers

    Recommended For You

      More Recommendations

      Gold Prices

      • 24K
      • 22K
      Bangalore
      78,555.00-1,090.00
      Chennai
      78,561.00-1,090.00
      Delhi
      78,713.00-1,090.00
      Kolkata
      78,565.00-1,090.00

      Fuel Price

      • Petrol
      • Diesel
      Bangalore
      102.92/L0.00
      Chennai
      100.90/L0.00
      Kolkata
      104.95/L0.00
      New Delhi
      94.77/L0.00

      Popular in Technology

        HomeMarketsPremiumInstant LoanMint Shorts