Google has officially rolled out support for card-based payments with its tokenization feature on Google Pay. The search engine giant has worked with Visa and banking partners like Axis Bank, SBI, Kotak Mahindra Bank, etc, to allow users to safely transact with their cards and use Tap-to-pay feature on NFC-enabled POS terminals and online merchants.
Through tokenization, Google Pay Android users can use their debit or credit card to make payments through a secure digital token attached to their phone without having to physically share their credit or debit card details. The feature also works with online merchants, delivering more native and seamless OTP experiences without being redirected to 3D Secure sites.
The feature is currently available to all users of Axis Bank and SBI Card, with Kotak and more banks