Latest news with #GooglePay
Al Bawaba
3 hours ago
- Automotive
- Al Bawaba
Visa Brings Google Pay Integration to Fleet Cards, Enabling Tokenization and Push-to-Wallet Across the Digital Wallet Ecosystem
Visa (NYSE: V), a global leader in digital payments, today announced a major advancement for Fleet Operators. With the addition of Google Pay tokenization and push-to-wallet, Visa addresses the long-standing challenge of fleet data tags being tied solely to the plastic card chip. Now, fleet data tags can be configured by the issuer, fintech or processor, allowing custom data tags to be dynamically provisioned during the tokenization process. Once loaded into Google Pay with these fleet data tags, Visa's contactless specification helps ensure that token payment data and fleet data tags are transmitted to the point of sale (POS) and actioned upon fleet represents a $1.4T spend opportunityi on vehicle-related expenses by corporations, small businesses and the public sector. Historically, the end-user experience has been manual and inconsistent, as existing fleet tokens did not function optimally for drivers at Fuel POS terminals due to missing fleet instructions for prompting and purchase restrictions. Visa's tokenization capabilities, now available for Google Pay, solve this pain point by quickly enabling spend through digital credential push-to-wallet, card-on-file merchants and Click to Pay. This streamlined digital experience reduces time to market dramatically, from 7-14 days with a physical card to just a matter of hours for digital wallet provisioning. With Apple Pay and Google Pay enabled for Visa Fleet Tokenization, approximately 92% of smartphones globally are compatible, based on global market share and NFC capabilityii.'This innovation solves a clear pain point within fleet today and unlocks a host of client benefits, including instant issuance, a more seamless user experience for drivers and robust controls for Fleet Managers,' said Parker Patton, Head of Global Fleet & Mobility Solutions at Visa. 'We are thrilled to expand digital wallet support to include Google Pay as part of our commitment to creating better products and user experiences that drive seamless, secure transactions around the globe.'As one of the initial pilot partners selected by Visa to bring tokenization and mobile wallet support to fleet cards, Highnote, a modern card issuing and embedded finance platform, continues to collaborate closely with Visa to modernize fleet payments through embedded, digital-first experiences. 'At Highnote, we've reimagined the fleet card from the ground up, designing for embedded, digital-first experiences that reflect how drivers and fleet managers actually operate today,' said John Macllwaine, CEO at Highnote. 'Visa's expansion of wallet support aligns perfectly with that vision, enabling us to bring the speed, control, and intelligence of modern payments directly into the hands of the people who move the world forward.'
Globe and Mail
5 hours ago
- Automotive
- Globe and Mail
Visa Brings Google Pay Integration to Fleet Cards, Enabling Tokenization and Push-to-Wallet Across the Digital Wallet Ecosystem
Visa (NYSE: V), a global leader in digital payments, today announced a major advancement for Fleet Operators. With the addition of Google Pay tokenization and push-to-wallet, Visa addresses the long-standing challenge of fleet data tags being tied solely to the plastic card chip. Now, fleet data tags can be configured by the issuer, fintech or processor, allowing custom data tags to be dynamically provisioned during the tokenization process. Once loaded into Google Pay with these fleet data tags, Visa's contactless specification helps ensure that token payment data and fleet data tags are transmitted to the point of sale (POS) and actioned upon seamlessly. Globally, fleet represents a $1.4T spend opportunity i on vehicle-related expenses by corporations, small businesses and the public sector. Historically, the end-user experience has been manual and inconsistent, as existing fleet tokens did not function optimally for drivers at Fuel POS terminals due to missing fleet instructions for prompting and purchase restrictions. Visa's tokenization capabilities, now available for Google Pay, solve this pain point by quickly enabling spend through digital credential push-to-wallet, card-on-file merchants and Click to Pay. This streamlined digital experience reduces time to market dramatically, from 7-14 days with a physical card to just a matter of hours for digital wallet provisioning. With Apple Pay and Google Pay enabled for Visa Fleet Tokenization, approximately 92% of smartphones globally are compatible, based on global market share and NFC capability ii. 'This innovation solves a clear pain point within fleet today and unlocks a host of client benefits, including instant issuance, a more seamless user experience for drivers and robust controls for Fleet Managers,' said Parker Patton, Head of Global Fleet & Mobility Solutions at Visa. 'We are thrilled to expand digital wallet support to include Google Pay as part of our commitment to creating better products and user experiences that drive seamless, secure transactions around the globe.' As one of the initial pilot partners selected by Visa to bring tokenization and mobile wallet support to fleet cards, Highnote, a modern card issuing and embedded finance platform, continues to collaborate closely with Visa to modernize fleet payments through embedded, digital-first experiences. 'At Highnote, we've reimagined the fleet card from the ground up, designing for embedded, digital-first experiences that reflect how drivers and fleet managers actually operate today,' said John Macllwaine, CEO at Highnote. 'Visa's expansion of wallet support aligns perfectly with that vision, enabling us to bring the speed, control, and intelligence of modern payments directly into the hands of the people who move the world forward.' About Visa Inc. Visa (NYSE: V) is a world leader in digital payments, facilitating transactions between consumers, merchants, financial institutions and government entities across more than 200 countries and territories. Our mission is to connect the world through the most innovative, convenient, reliable and secure payments network, enabling individuals, businesses and economies to thrive. We believe that economies that include everyone everywhere, uplift everyone everywhere and see access as foundational to the future of money movement. Learn more at
National Post
5 hours ago
- Automotive
- National Post
Visa Brings Google Pay Integration to Fleet Cards, Enabling Tokenization and Push-to-Wallet Across the Digital Wallet Ecosystem
Article content Following support for Apple Pay, expanded capabilities deliver faster, more flexible payment experiences for more operators, managers and drivers globally Article content SAN FRANCISCO — Visa (NYSE: V), a global leader in digital payments, today announced a major advancement for Fleet Operators. With the addition of Google Pay tokenization and push-to-wallet, Visa addresses the long-standing challenge of fleet data tags being tied solely to the plastic card chip. Now, fleet data tags can be configured by the issuer, fintech or processor, allowing custom data tags to be dynamically provisioned during the tokenization process. Once loaded into Google Pay with these fleet data tags, Visa's contactless specification helps ensure that token payment data and fleet data tags are transmitted to the point of sale (POS) and actioned upon seamlessly. Article content Globally, fleet represents a $1.4T spend opportunity i on vehicle-related expenses by corporations, small businesses and the public sector. Historically, the end-user experience has been manual and inconsistent, as existing fleet tokens did not function optimally for drivers at Fuel POS terminals due to missing fleet instructions for prompting and purchase restrictions. Visa's tokenization capabilities, now available for Google Pay, solve this pain point by quickly enabling spend through digital credential push-to-wallet, card-on-file merchants and Click to Pay. This streamlined digital experience reduces time to market dramatically, from 7-14 days with a physical card to just a matter of hours for digital wallet provisioning. With Apple Pay and Google Pay enabled for Visa Fleet Tokenization, approximately 92% of smartphones globally are compatible, based on global market share and NFC capability ii. Article content 'This innovation solves a clear pain point within fleet today and unlocks a host of client benefits, including instant issuance, a more seamless user experience for drivers and robust controls for Fleet Managers,' said Parker Patton, Head of Global Fleet & Mobility Solutions at Visa. 'We are thrilled to expand digital wallet support to include Google Pay as part of our commitment to creating better products and user experiences that drive seamless, secure transactions around the globe.' Article content As one of the initial pilot partners selected by Visa to bring tokenization and mobile wallet support to fleet cards, Highnote, a modern card issuing and embedded finance platform, continues to collaborate closely with Visa to modernize fleet payments through embedded, digital-first experiences. Article content 'At Highnote, we've reimagined the fleet card from the ground up, designing for embedded, digital-first experiences that reflect how drivers and fleet managers actually operate today,' said John Macllwaine, CEO at Highnote. 'Visa's expansion of wallet support aligns perfectly with that vision, enabling us to bring the speed, control, and intelligence of modern payments directly into the hands of the people who move the world forward.' Article content About Visa Inc. Article content Visa (NYSE: V) is a world leader in digital payments, facilitating transactions between consumers, merchants, financial institutions and government entities across more than 200 countries and territories. Our mission is to connect the world through the most innovative, convenient, reliable and secure payments network, enabling individuals, businesses and economies to thrive. We believe that economies that include everyone everywhere, uplift everyone everywhere and see access as foundational to the future of money movement. Learn more at Article content Article content Article content
India.com
15 hours ago
- Business
- India.com
7 New UPI Rules From 1 August 2025: Paytm, PhonePe, GPay, BHIM Users Must Know About Latest Changes
photoDetails english 2938543 Starting 1 August 1 2025, new set of UPI rules will come into effect, changing how UPI users use the service. The new rules pertains to balance check, checking bank account links and transaction status among other major things. Here's all Paytm, PhonePe, GPay, BHIM users need to know. Updated:Jul 30, 2025, 07:08 AM IST 7 New UPI Rules From 1 August 2025 1 / 8 The National Payments Corporation of India (NPCI), which oversees the UPI ecosystem, has implemented these new limits to relieve system strain and reduce issues like payment delays and unsuccessful transactions. According to the NPCI, this move will make UPI smoother and more reliable. Here are the UPI changes that are being implemented from next month. 1. Most-Used APIs On UPI Network 2 / 8 The NPCI recently issued a circular mandating banks and PSPs to limit the use of the most-used APIs on the UPI network. These APIs include balance inquiry, fulfilling autopay mandate and checking transaction status among others. The NPCI has said that repeated API (application programming interface) requests increase pressure on the UPI network, increasing the risk of system downtime. 2. Balance Checks Capped At 50 Times 3 / 8 UPI users will be able to check their account balance only 50 times per day, starting next month. According to the NPCI guidelines, UPI apps should limit balance enquiry requests to reduce the load in peak hours. So, it set a daily cap of 50 apps per customer in 24 hours. 3. Account List Access Limited To 25 Times 4 / 8 UPI users will be able to check bank accounts linked to their mobile number only 25 times a day per app, starting next month. 4. Transaction Status Check Limited To Three 5 / 8 The number of times you can check the status of a transaction will also be limited to three and there must be a minimum of 90 seconds gap between each check. 5. Changes To UPI AutoPay Features 6 / 8 Fixed time slots are being introduced by NPCI for UPI auto pay transactions. According to this, scheduled payments, such as EMIs, utility bills, subscriptions and auto payments, will be processed during specific windows rather than at random throughout the day. 6. Changes To Affect All UPI Users 7 / 8 The new limits will apply to all users across all platforms. They will be applicable to all individuals who use applications like Paytm, Google Pay, PhonePe or any other UPI payments app. These limits have been introduced to address users who repeatedly overload the system with requests. 7. Banks To Communicate About Available Balance 8 / 8 According to the directives of the NPCI, the issuer banks will have to notify users of the available balance in their accounts after every financial transaction.
India.com
15 hours ago
- Business
- India.com
From August 1, UPI Gets A Silent Overhaul: Here's What Regular Users Will Notice First
New Delhi: Come August 1, your everyday routine with apps like PhonePe or Google Pay may change. You will not need to update anything. The engine beneath the familiar tap-to-pay button is getting a careful tune-up. The National Payments Corporation of India (NPCI), which runs the show behind UPI, is introducing new rules to ease pressure on servers, speed up stuck payments and tighten account linking. None of this is meant to make your day harder. Those who pay bills, check balances or send rent via UPI, these small shifts will show up in subtle ways. Autopay Requests Will Come Early If you have set up recurring payments, maybe a Netflix subscription, your SIP or even an apartment lease payment, expect those auto-debit requests to reach you while you are still asleep. From August, UPI apps will need to trigger these 'mandate collect' requests between midnight and 7 AM. Why the early hour? NPCI wants to avoid clogging the system during peak hours. The idea is to lighten the morning rush on UPI servers so your other payments do not hit unexpected delays. Notifications will still land on your phone, just earlier in the day. Balance Checks With A Daily Limit Checking your bank balance through UPI might feel like a tiny and harmless task. But it actually eats up a fair chunk of backend resources, especially when biometric verification like fingerprint or Face ID is used. To control that load, the NPCI will place a soft cap on how often users can check balances daily. The exact number is not public so far, but the goal is to prevent bots or overactive users from pinging bank servers too frequently. If you are a regular user, you might not hit the limit but you will probably feel a nudge to check a little less often. No More Limbo for Failed Payments Nothing frustrates users more than the moment after a failed UPI payment, when you see your money gone but the other person has not received anything. Sometimes it stays stuck in 'Processing' or 'Pending' mode longer than it should. That is about to change. The NPCI now wants apps to confirm success or failure much faster. Starting August, these apps must update the status of failed transactions in near real-time. You will no longer have to wait five minutes before knowing whether to retry, and fewer people will need to send screenshots asking, 'Did it reach you?' Tighter Checks When Linking a New Bank Account Adding a new account to your UPI app? It might take a few seconds longer from August. Apps are introducing stricter verification checks to ensure the bank account really belongs to you. This might involve added validation steps from the bank's side. While it may add a few seconds of friction, the idea is to prevent accidental links or worse, fraudulent ones. What It Means For You If you use UPI just once or twice a week, these changes might slide by unnoticed. But if you use it five or ten times a day, you will begin to sense that the system is running a bit smoother, status updates feel quicker and the app is not dragging when you check balances. None of these updates require action from your end. But they represent the platform maturing, growing smarter under the hood. It is the kind of change you do not see but eventually feel. And come August 1, you will likely feel it first thing in the morning.
