Google Pay on Monday announced the rollout of tokenisation across its platform, enabling users with debit and credit cards to transact at NFC-enabled point-of-sale (POS) terminals and online merchants through its tap-to-pay feature.
Currently, the feature is currently only available for Axis and SBI card users on Visa payments network, and more banks, including Kotak are expected to follow soon.
Through this method, Android smartphone users with Google Pay can use their debit or credit card to make payments through a secure digital token attached to their phone without having to physically share their credit or debit card details.
