Google Pay Users In Brazil Can Now Pay With Debit Cards

In an effort to grow usage of its Android smartphones in Brazil, Google has introduced a debit card payment program through Google Pay.

Reuters is reporting that the company is making the move because many online retailers in Brazil only accept credit cards due to a preponderance of fraud. 

Latin America Google Pay exec Joao Felix said that there are 60 million people with debit cards in Brazil and only 50 million with credit cards. Increasing and enabling debit card payments will help Google to grow, he said. 

Google said it won’t charge issuers, processors or retailers for using its system, and card issuers including Banco do Brasil, Banco Bradesco and Itau Unibanco Holding will all allow for debit card usage. So will Mastercard, Visa, Elo, iFood and Rappi. 

In June, Google Pay announced support for PayPal.

“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.

Google also said that using PayPal is a good way for merchants to reach new customers and continue to grow.

“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.”