Google next big product in the market – a co branded debit card with different banks like Citibank or Stanford Federal Credit Union. A report by TechCrunch reported that the Google is developing both physical and virtual debit cards that will come co-branded with different banks such as Citi or Stanford Federal Credit Union. The report claims that this card will be linked with a Google app — probably Google Pay — that will keep a track of all the purchases they do with the debit card.
The card is said to contain a Visa as well as MasterCard chip. As per the report, users will be able both add and transfer money from their account using Google app by enabling a fingerprint and PIN for account security.
After the Google card is connected to a bank account, the report claims that users will have the option to use both a virtual card as well as the physical card. For using the virtual version, they will be required to use Bluetooth mobile payments and by using the physical card, they will be able to make contactless payments, by holding it up to a card reader.
As per the report, Chromium Gerrit source code management contains a new flag that talks about the “Google-issued” payment cards. “Enable Autofill Google-issued card When enabled, Google-issued cards will be available in the auto fill suggestions.
This shows that in the future if a Google card user is making a purchase on Google Chrome, the web browser will automatically make this card appear as an auto fill option if the Chrome browser is linked to your Google account.
Google has not announced any development about Google card yet.