LOCAL
Alphabet Inc has launched Google Wallet in SA, as the tech giant tries to gain a foothold in the country’s rapidly growing digital payments space.
The Covid-19 pandemic has accelerated the shift to digital transactions and people increasingly prefer making contactless payments via their smart devices. High smartphone penetration has also helped adoption rates.
Cardholders of FirstRand Bank, Discovery Bank, Investec, Standard Bank, Absa and Nedbank will be able to add their cards to Google Wallet, Google said. They will then be able to pay with their Android phones or use OS devices where contactless payments are accepted.
Source: Reuters
