TrustRadius Insights for Google Pay are summaries of user sentiment data from TrustRadius reviews and, when necessary, third party data sources.
Pros
Convenience of Contactless Payment: Users have praised the app for offering a contactless payment method, enhancing convenience and security during transactions.
Compatibility with Various Devices: Reviewers appreciate the app's compatibility with both new and old smartphone devices, making it accessible to a wider range of users.
Efficient Cash-Out Process: Users have reported an easy and efficient cash-out process on the app, indicating a smooth experience without encountering difficulties.
Intuitive Interface and Quick Transactions: Customers value the simple interface that facilitates hassle-free usage and fast transaction times.
Secure Payment Process and Rewards: Users highlight the secure payment process, rewards for transactions, quick fund processing with Google Assistant integration, record-keeping capabilities, and convenient services like mobile recharges and bill payments.
Google Pay shines in how simple it is to use to complete purchases. Because it saves a customer's information for ready access when they're checking out, customers should be more likely to stick around to complete their purchases. Using Google Pay with our publications store allows customers to check out more smoothly and, I believe, to have fewer abandoned carts.
Pros
Saves purchasing information at the tip of your customer's fingers.
Makes check out on a variety of web stores more streamlined.
Remembers information across multiple devices.
Cons
Updating credit card information is not as seamless.
Lacks a clear way to encourage new customers to use Google Pay (at least, with our current setup).
Sometimes requires multiple security checks to fill out the full payment information on a website.
Likelihood to Recommend
I have only scratched the surface of Google Pay's capabilities because we do not have a physical store. I believe the benefits would increase for locations where smartphone payment is already underway in physical stores that also do online sales. If your business deals with very little foot traffic or does not offer a variety of payment choices, do more research before adding Google Pay as an option — Google Pay is an eager competitor to Apple Pay, and therefore offers businesses opportunities to run promotions and other incentives to adopt Google Pay currently, so it still may be worthwhile to smaller businesses. Google Pay is about to implement a banking option, which will likely add to the number of users and therefore excited customers with Google Pay to spend with you. The web implementation seems simple and should be a good addition to websites where multiple payment types are available.
We use it for managing our money transfers and also this payment gateway has been configured in our internal and external company web applications. Our organization uses it as a reimbursement system to manage and transfer funds for the users configured in our active directory. In our logistics application, this gateway is the primary means for funds management.
Pros
Transfer huge amounts of money within seconds.
Nowadays, it has introduced an international payment from us to India(alternative to Paypal).
Earning rewards for each successful transaction.
Multiple transfer options available (phone no, account no, etc.).
Cons
Most of the time, a huge amount transactions are stuck and money takes a longer amount of time to refund.
Not supported for most of the stock trading apps.
Transactions failure every time in Binance(crypto trading app).
Likelihood to Recommend
It is the best option for instant payment to a friend or a colleague and also a good payment gateway to add to your shopping or logistics website. It is less appropriate when dealing with huge amounts of funds or payments overseas or to an offshore account. Good to use as a virtual payment method.
This is used personally by me as well as other members of my organization to maintain all the credits and debits. The user interface is quite intuitive. In India, this application works with UPI as well. You can add multiple bank accounts to make payments. You can also check your bank balance regularly. We also use it in our management to send small to middle-range payments to employees.
Pros
Faster response during transactions.
The NFC feature for Android devices.
Available for both platforms i.e. iOS and Android.
Cons
Transaction failure
Needs internet access to work
Authentications are not secure
No emails for transactions. Just notifications.
Likelihood to Recommend
This well suited for almost all the payments that you make. Users can save time and instead of using internet banking of their respective banks, users can just use google pay to transfer and accept money. You can just scan the QR code to make payments. There is everything like mobile recharge, credit card bill payments, etc.
VU
Verified User
Analyst in Quality Assurance (Computer Software company, 501-1000 employees)