PYMNTS-MonitorEdge-May-2024

Google Pay Adds Support For 26 New Banks This Month

Google Pay Adds Support For 13 New Banks This Month

Google Pay has added support for 13 new  banks in July, bringing the total number of banks added this month to 26, according to reports. Google has been adding banks at a rate of about every other week.

On its support page, Google listed the new banks it added this month:

  • Educational Community Alliance Credit Union 
  • Exchange Bank
  • First Bank Hampton
  • Incommons Bank
  • Legends Bank
  • Members Choice of Central Texas Federal Credit Union
  • MidAmerica National Bank
  • Park Community Credit Union
  • Priority Bank
  • Republic Bank
  • Republic Bank of Chicago
  • State Bank of Waterloo
  • The Citizens-Farmers Bank of Cole Camp
  • Cadence Bank
  • Partner Colorado
  • Bank of St. Elizabeth
  • Central Bank of Kansas City
  • Champlain National Bank
  • First Bank of Alabama
  • Rio Bank
  • RiverLand Federal Credit Union 
  • St. Anne’s Credit Union of Fall River
  • State Savings Bank 
  • Sun Community Federal Credit Union
  • The Fidelity Bank
  • The Local Credit Union 

Last month, Google Pay added PayPal integration for merchants. 

“We’re thrilled to announce we’ve expanded our collaboration with PayPal to make payments easy and seamless no matter how or where your customers like to shop. Now, you’ll be able to accept PayPal with Google Pay on your app or website in all 24 countries where your customers can link their PayPal account to Google Pay,” Google said in a blog post.

The company said that using PayPal was a great way for merchants to grow their customer base.

“Hundreds of millions of users already have their payment methods saved to their Google Account,” Google said. “And as of 2018, customers who use their PayPal account to make a purchase on a Google app or service like Google Play and YouTube can automatically choose that PayPal account when they pay with Google Pay — no new setup required. When you enable PayPal as a payment method on your Google Pay integration, all of these customers will be able to seamlessly check out on your website or app.”

PYMNTS-MonitorEdge-May-2024