Plainly Apple will not be the one firm to supply its customers an increasing number of higher choices to make use of their cash. The Apple card was launched earlier this yr and it appears like Google is attempting to offer us management accounts in its Google Pay app, or that's what we learn within the Wall Road Journal report.
It seems that Google is collaborating with Citigroup and a small credit score union at Stanford College on a mission that could possibly be launched subsequent yr. This new "Cache" mission would mark Google Pay accounts as coming from these banks. They’d be going through monetary issues and regulatory compliance. This initiative is designed to "assist extra individuals do extra issues digitally on-line," and the service would even be used to supply loyalty card packages. TWS additionally signifies that these management accounts include essential client information and that this data is not going to be offered to advertisers or different firms.
Supply: The Wall Road Journal