Nairametrics
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
  • Markets
    • Cryptos
    • Commodities
    • Equities
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Industries
    • Company News
    • Consumer Goods
    • Content Partners
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Tech News
  • Economy
    • Get Data
    • Macro-Economic News
    • Research Analysis
  • Business News
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
No Result
View All Result
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
  • Markets
    • Cryptos
    • Commodities
    • Equities
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Industries
    • Company News
    • Consumer Goods
    • Content Partners
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Tech News
  • Economy
    • Get Data
    • Macro-Economic News
    • Research Analysis
  • Business News
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
No Result
View All Result
Nairametrics
No Result
View All Result
Home Industries Company News

Google building its own debit card

Olumide Adesina by Olumide Adesina
April 18, 2020
in Company News
Google building its own debit card, Google’s advertising business faces breakup, Google supports media firms in Nigeria, others with $39.5 million, France slaps Google with a record $593 million fine
Share on FacebookShare on TwitterShare on Linkedin

Google is designing its own physical and digital debit card. The Google card and a linked checking account will enable users to buy items with a card, smartphone or through the web browser

It links to a Google app with a new characteristic that allows users easy access in tracking their purchases, check their account balance or secure their account.

The card will be partnered with different financial institutions such as Stanford Federal Credit Union and Citibank. By creating a smart debit card, Google has the chance to release new streams of revenue and information.

RelatedPosts

Wema Bank to begin N40 billion rights issue in August

MultiChoice reports N196.3 billion in subscription revenue from Nigeria

Google could decisively, charge interchange fees on goods bought with the card or other checking account fees, and then share them with its financial institution partners.

READ MORE: Google ramps up fight against Coronavirus fake news with $6.5 million fund

Protecting user’s privacy: Google could use the data taken from using its debit card, on what people purchase to improve advertising metrics or even focus on brands that would be willing to buy more Google adverts if Google can prove they boost sales for businesses.

Google building its own debit card

 

Google’s huge access to data could enable it to precisely manage risk than many financial institutions. Its alignment to consumers via mobile apps, search, and its operating system (Android)gives it edge to promote and integrate financial services.

READ ALSO: This is how Cryptocurrency works

With the COVID-19 pandemic taking its toll on businesses worldwide, high-margin finance concepts such as the Google debit card could assist Google to develop well-planned revenue convenience and build its stock price back up.

Google may never find opportunities as profitable as its core in search and advertising, but it has the edge to become a great contender in fintech. Its huge stack of cash, deep engineering talents, solving complex utility challenges, gives it an advantage over old traditional banks and some unreliable startups 

Related

Tags: Business NewsDebit CardDigital paymentsElectronic PaymentFinTechGoogle

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Mega Millions
Hot forex
Cornerstone
Polaris Bank
Access Bank
Bankers Committee
First bank


FCMB
Ikeja Electrics




    Business News | Stock Market | Money Market | Cryptos | Financial Literacy | SME |

    Recent News

    • This is Bitcoin’s worst quarter in 11 years
    • Despite Reports, El Salvador Doubles Down on Bitcoin Bet to the Tune of $1.5 Million
    • US government places $100,000 bounty on “cryptoqueen”, Ruja Ignatova, for $4 billion crypto scam

    Follow us on social media:

    Recent News

    Bitcoin falls against Russia-Ukraine war

    This is Bitcoin’s worst quarter in 11 years

    July 1, 2022
    Bitcoin takes off as El Salvador adopts it as legal tender

    Despite Reports, El Salvador Doubles Down on Bitcoin Bet to the Tune of $1.5 Million

    July 1, 2022
    • ABOUT US
    • CONTACT US
    • PRODUCTS
    • ANDROID APP
    • iOS APP
    • DISCLAIMER
    • CAREERS
    • PRIVACY POLICY

    © 2022 Nairametrics

    No Result
    View All Result
    • Home
    • Exclusives
      • Financial Analysis
      • Corporate Stories
      • Interviews
      • Investigations
      • Metrics
    • Markets
      • Cryptos
      • Commodities
      • Equities
        • Dividends
        • Stock Market
      • Fixed Income
      • Market Views
      • Securities
    • Industries
      • Company News
      • Consumer Goods
      • Content Partners
      • Corporate deals
      • Corporate Press Releases
      • Energy
      • Entertainment
      • Financial Services
      • Hospitality & Travel
      • Manufacturing
      • Real Estate and Construction
      • Tech News
    • Economy
      • Get Data
      • Macro-Economic News
      • Research Analysis
    • Business News
    • Financial Literacy
      • Career tips
      • Personal Finance
    • Lifestyle
      • Billionaire Watch
      • Profiles
    • Opinions
      • Blurb
      • Op-Eds

    © 2022 Nairametrics

    Social Media Auto Publish Powered By : XYZScripts.com