The COVID-19 pandemic has accelerated the shift to digital transactions<\/a> and people increasingly prefer making contactless payments via their smart devices. High smartphone penetration has also helped adoption rates.
The Google<\/a> Wallet app stores a consumer's credit or debit card information and allows shoppers to pay for goods by tapping their phone against a retail store's point of sale at the checkout counter.
From Tuesday, cardholders of FirstRand Bank, Discovery Bank<\/a>, Investec, Standard Bank, ABSA and Nedbank will be able to add their cards to Google Wallet, Google said.
They will then be able to pay with their Android phones or use OS devices where contactless payments are accepted.
Last year, rival Apple Inc<\/a> launched its Apple Pay<\/a> mobile payment system in South Africa.
<\/body>","next_sibling":[{"msid":93741605,"title":"Parliamentary panel grills big tech cos; looks to prepare framework for fair competition in digital markets","entity_type":"ARTICLE","link":"\/news\/parliamentary-panel-grills-big-tech-cos-looks-to-prepare-framework-for-fair-competition-in-digital-markets\/93741605","category_name":null,"category_name_seo":"telecomnews"}],"related_content":[],"msid":93741649,"entity_type":"ARTICLE","title":"Google Wallet launches in South Africa as digital payments boom","synopsis":"The COVID-19 pandemic has accelerated the shift to digital transactions and people increasingly prefer making contactless payments via their smart devices. High smartphone penetration has also helped adoption rates.","titleseo":"telecomnews\/google-wallet-launches-in-south-africa-as-digital-payments-boom","status":"ACTIVE","authors":[],"Alttitle":{"minfo":""},"artag":"Reuters","artdate":"2022-08-24 07:39:29","lastupd":"2022-08-24 07:44:45","breadcrumbTags":["google wallet","google","google wallet south africa","alphabet inc","apple pay","apple inc","discovery bank","digital payments","mvas\/apps","digital transactions"],"secinfo":{"seolocation":"telecomnews\/google-wallet-launches-in-south-africa-as-digital-payments-boom"}}" data-news_link="//www.iser-br.com/news/google-wallet-launches-in-south-africa-as-digital-payments-boom/93741649">