On Tuesday, Alphabet Inc’s Google announced that it has now launched international money transfer partnerships with remittances firms Wise and Western Union Co for users of its U.S. payments app.
Google Pay users in the US will now be able to transfer money overseas, which, for now, is limited to countries including Singapore and India. The company has also mentioned that it plans to expand to the 80 countries available via Wise, and 200 via Western Union by the end of the year.
Source: Google
“Even with COVID a lot of people have relocated around the world and we wanted to focus on how we can help facilitate these payments,” said Josh Woodward, director of product management at Google. “Our goal for this year is to work with Wise and Western Union to roll this out for the countries they support.”
To start off, in order to make it appealing to users, Google is offering free unlimited transfers with Western Union until June 16th, while Wise is ditching fees on the first transfer up to $500. To send money internationally, start by searching for the Google Pay user you want to send money to, tap “Pay,” and select either Western Union or Wise. From there, you simply follow the steps to complete the payment.
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