(Manisha Mahar, Intern Journalist); Get alert if you use Google Pay in UPI mode for transactions. Transferring money from Google Pay will no longer be free. The company has decided that now fees will be charged for the bank to bank transfer. For this, the company has started preparations. Google Pay is going to discontinue Peer to Peer Payment Facility from January 2021. Instead, an instant money transfer payment system will be added by the company. After this, users will have to pay a fee for transferring money.
However, the company has not yet told how much will be charged from users for this. Currently, Google Pay allows users to transfer money via mobile or web page. Recently the company has announced the closure of its web app. According to the company, now people will not be able to use pay.google.com to send or receive money. Only the Google Pay app can be used for money transfers. Also, Google has clarified that the support page of Google Pay will also be closed from January next year. Explain that when you send money to your bank account, it takes one to three days to reach the amount. At the same time, the debit card is transferred immediately.
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