Photo Credit: Google / Wikimedia / public domain
This is the mark that is displayed by vendors to indicate that Google Pay is an accepted payment method at a retailer.

The mammoth Google Pay digital wallet will start operating in the State of Israel on Tuesday morning, the Globes business news site reports.

Banks and credit card companies in Israel are expected to launch a battle to become the company’s default credit card.

Advertisement



At present, BIT – by Bank Hapoalim – is the most well-known and popular such digital wallet technology in Israel.

But the entry of Google Pay into the market is expected to have a major impact on that, as well as Pepper digital wallet by Bank Leumi.

Google’s digital wallet can be used at all outlets except those that accept contactless payment. It is used the same way as BIT – the app is downloaded from the app store and one’s credit card information is uploaded to the app.

According to Globes, any credit card uploaded to Google Pay in Israel must be issued by an Israeli bank or an Israeli credit card company such as Max (VISA), Isracard (Mastercard) or CAL (Diners).

More than 70 percent of Israelis use android mobile devices, on which Google Pay can operate – unlike Apple’s iPhone, which allows only Apple Pay digital wallet.

Advertisement

SHARE
Previous articleNext Step Taken in Creation of Israel’s Largest-Ever Solar Field
Next articleAlbany Beat – December 10, 2021
Hana Levi Julian is a Middle East news analyst with a degree in Mass Communication and Journalism from Southern Connecticut State University. A past columnist with The Jewish Press and senior editor at Arutz 7, Ms. Julian has written for Babble.com, Chabad.org and other media outlets, in addition to her years working in broadcast journalism.