In August 2019, Apple launched Apple Card. Apple Card is a credit card designed by Apple, issued by Goldman Sachs & based on Mastercard network.
Well, Google Card is not a credit card as of now. From the information published by TechCrunch, Google Card is co-branded debit card which will be linked with your bank account.
Google Card will be integrated with Google Pay so that transactions & their reporting is going to be awesome. If you swipe at some shop, you may get complete details, location, reviews etc. from Google Map alongside your transactions report.
Google will launch card in both physical form & virtual card which will be powered by VISA network. Users will see option to add fund to card or to make transfer from card (linked bank account) directly from Google Pay app.
Google Card Design
These card as designed as like Apple Card in white background, Google & Partner Bank Logo, Visa Network Logo & a circular dotted logo in the middle.
Below are some screens accessed by TechCrunch.
When TC asked Google about the news to confirm authenticity of above technology & information, Google responded with following response.
We’re exploring how we can partner with banks and credit unions in the US to offer smart checking accounts through Google Pay, helping their customers benefit from useful insights and budgeting tools, while keeping their money in an FDIC or NCUA-insured account. Our lead partners today are Citi and Stanford Federal Credit Union, and we look forward to sharing more details in the coming months.
Source TechCrunch
It is still in internal testing and not released for consumers. Google Card will be integrated with Google’s Android Operating system and help in turn Android Phone as card using Bluetooth technology at POS. While physical card will be chip card with contactless transaction support.
