Google is rolling out an update to its wallet service that lets users set up recurring bank transfers to Google Wallet.
The company made the initial announcement in a blog post. Google said that there would be no fees or minimum balance requirements in order to set up the automatic transfer. Plus, regardless of whether Google’s digital wallet is secure or not, the company’s “Fraud Protection Guarantee” will apparently cover all fraudulent transactions that occur. Users will also be able to set up low balance alerts.
Google’s wallet offers a tap-to-pay service in select stores on Android phones running Kit Kat or newer. As contactless payments continue to gain hype, it’s likely we’ll see more new features and reminders that Google Wallet is playing in the same field as Apple Pay.
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