Basisbank is pleased to announce the launch of Google Pay, a simple and secure contactless payment tool, completely replacing mobile payments and making it easier and safer on both Android and WearOS devices.

Basisbank Visa cardholders can now store their debit and credit cards in Google Wallet, thereby making contactless payments anywhere cashless payments are accepted.

Using Google Pay is based on security and privacy. When a cardholder adds it to Google Wallet, it is not stored on the device or on Wallet's servers. When clients use a Basisbank Visa card stored in Google Wallet to pay, transactions are made using a virtual card number (a token). This token is associated with a dynamic security code that changes with each transaction, providing an extra layer of protection from fraud.

If a Google Pay user's mobile phone is lost or stolen, the device will be locked instantly from anywhere using the simple “Find My Device” feature. The user will be able to secure it with a new password or even completely wipe it clean of their personal information.

“Google Pay provides a fast, easy and safe way for users in more than 45 countries to pay with their Android phone or WearOS device,” said Jenny Cheng, Vice President and General Manager, Google Wallet. “Users can simply add their debit and credit cards to the Google Wallet app and feel confident that their financial information is safe and secure when they’re making a purchase.”

"We are excited to announce that the fast, simple and safe payment system of Google Pay is now available for the holders of Basisbank Visa cards. Today, we intensively use smartphones in our daily life to purchase goods or services, and we may not always have cards. In such cases, Google Pay is the easiest and most effective way to make payments" - said Retail Business Director, Levan Gardapkhadze.

Setting up Google Pay is easy. To start using Google Pay with your Basisbank Visa card, download Google Wallet today from the Google Playstore.

(R)