Google Pay to now send SMS alerts for secure transactions
1 min read 31 Jul 2019, 08:28 PM ISTGoogle Pay comes equipped with several of Google's security infrastructure including scam protectionsGoogle Pay will send alerts to highlight that approving the request will deduct money from their bank accounts

New Delhi: To help users easily identify any suspicious transactions, Google Pay will now send app notifications as well as SMS to inform users each time they receive a collect request to highlight that approving the request will deduct money from their bank accounts.
"We are mindful that at Google Pay, users are entrusting us with their most sensitive asset - their money. We are conscious of the responsibility that comes with this trust," Ambarish Kenghe, Director, Product Management, Google Pay said in a blog post on Wednesday.
"The above security features, and a lot more ongoing work in this direction, are a small example of how we keep our users safe," Kenghe said.
In the last two years, instant bank-to-bank transfers via Unified Payments Interface (UPI) have become the preferred form of payment for millions of Indians, with many users adopting digital payments for the first time.
Google Pay comes equipped with several of Google's security infrastructure including scam protections.
It uses Machine Learning-based scam prevention models, and also displays explicit "scam" or "stranger" warnings if a user receives a request from someone suspicious or not in their contacts, Google said.
"Exciting news! Mint is now on WhatsApp Channels 🚀 Subscribe today by clicking the link and stay updated with the latest financial insights!" Click here!
This story has been published from a wire agency feed without modifications to the text.