Google Pay is set to discontinue the peer-to-peer payments feature on its web-based app (pay.google.com) from January 2021. After this, Google will charge users to pay a fee for transferring money from your Google Pay Balance to a debit card.
“Starting early in 2021, you won’t be able to use pay.google.com to send and receive money from other people. To send and receive money, use the new Google Pay app,” said Google.
Google Pay offers may still offer free transfers using the 1-3 day bank transfer, just like any Online Payment App. However, the company will charge a 1.5% transaction fee over an instant transfer. While, Instant transfers are the only option when using a debit card. Earlier, there wasn’t any sort of fee when transferring to/from a debit card.
Moreover, Google also is now ending the Unlimited Storage option in Google Photos App.
Beyond that Google added several new features on Google Pay app earlier this week, apparently, these features were rolled out for American Android and iOS users including the introduction of a new logo of Google Pay App.