Google Pay is a digital wallet app developed by Google. It is used to make in-app purchases, send payments to other Google Pay users, and pay for purchases in shops and restaurants.
Payment apps are increasingly popular because they provide a convenient alternative to cash and credit cards. Unfortunately, they also provide another way for malicious actors to potentially access your cash.
So how safe is Google Pay and does it protect you against fraud?
How Does Google Pay Work?
In order to use Google Pay, you need to provide a debit or credit card. It’s not possible to use the service without doing so. You can add as many cards as you want. Each card then becomes a possible payment method when you want to send money or pay for something.
The service also has a balance feature. This means that when you receive money, you can choose to either store it in the app as balance or withdraw it to your associated bank…