What is Google Pay? The ultimate guide

Google Pay: your ultimate guide. Nicole Gardner explains everything you need to know to get started. What are you waiting for?

The content of this article was relevant at the time of publishing. Circumstances change continuously and caution should therefore be exercised when relying upon any content contained within this article.

If you’ve been wondering what Google Pay is, you’re in luck: here’s your ultimate guide!

Google Pay is a popular contactless payment method. If you’ve got a recent (post-2015) Android phone with NFC and HCE, you’re ready to use Google Pay. If those acronyms mean nothing to you, don’t worry: just follow the steps on the Help Center page to check whether your phone can make contactless payments.

Why use Google Pay?

Compared with Visa payWave and other contactless cards, Google Pay has several advantages for paying in shops:

  • you don’t share your card details or personal information with the vendor;

  • if your device is lost or stolen, others can’t use it to pay for things; and

  • you don’t need to think about which card to take shopping with you.

Where can you use Google Pay?

If you see either the Google Pay or the Contactless logo, you can use Google Pay. If a vendor accepts contactless cards, it’ll accept Google Pay.

On Transport for London (TfL) services, you can use Google Pay for pay as you go. To do that, just wake up your phone, hold it to the card reader, and go. If you tap in and out with the same device, the system automatically applies daily and weekly fare caps and saves you money!

How do you get started with Google Pay?

Assuming you’ve got a compatible Android phone, all you need to get started with Google Pay is:

How do you set up Google Pay?

Install the Google Pay app on your compatible phone. Open the app and follow the prompts to add your supported payment cards. You can add cards by either taking a photo of the card or by entering your card details directly.

Your bank might send you a text message or ask for extra information to verify your identity.

If you don’t have a screen lock on your device, the Google Pay app will prompt you to set up a PIN, pattern, password, fingerprint or retina scan to unlock your phone. The exact options depend on what’s available on your phone. Google Pay won’t work with face-scanning or knock codes.

You can use only one contactless payment app at a time. If you have another contactless payment app on your phone, you’ll need to set Google Pay as the default payment app in your settings.

How do you use Google Pay?

To use Google Pay in a shop or on public transport:

  • unlock your phone;
  • hold the back of the phone near the payment terminal; and
  • follow the on-screen instructions.

You might have to enter your banking PIN (it’s not the same as your phone PIN, so don’t get confused), or sign the screen to authorise the payment.

Does Google Pay have any fees?

There are no fees to use Google Pay, but if your card issuer charges fees, you’ll still have to pay those.

What about spending limits?

In theory, Google Pay has no transaction limits. However, banks and retailers often impose the same £30/£45 limit as for contactless bank cards.

What if your Google Pay device is lost or stolen?

Google gives you the ultimate control over your device. As long as you’ve set your screen lock correctly (as required when you set up Google Pay), no-one but you can unlock your phone. If others can’t unlock it, they can’t use it for payments.

You can use Find My Device to remotely lock or wipe your device, or you can always contact your bank to stop your cards.

What is the difference between Google Pay, Android Pay and Google Wallet?

That’s a good question. They used to be separate services: Android Pay was for in-app purchases, and Google Wallet was for in-store transactions. In 2018, Google merged them to make Google Pay.

Takeaway

If you’ve got a compatible device, Google Pay is your ultimate contactless payment option. It’s secure, easy to use and convenient, and the user-friendly app guides you easily through set-up.

Should you invest, the value of your investment may rise or fall and your capital is at risk. Before investing, your individual circumstances should be considered so you should consider taking independent financial advice.

MyWalletHero, Fool and The Motley Fool are all trading names of The Motley Fool Ltd. The Motley Fool Ltd is an appointed representative of Richdale Brokers & Financial Services Ltd who are authorised and regulated by the FCA (FRN: 422737). In this capacity we are permitted to act as a credit-broker, not a lender, for consumer credit products. We may provide information on consumer credit, savings, insurance, loans, mortgages and investment products and services, but will not provide advice, or confirm the suitability of any product or service, for your specific circumstances or requirements, neither will we arrange these products on your behalf.

The Motley Fool receives compensation from some advertisers who provide products and services that may be covered by our editorial team. Its one way we make money. But know that our editorial integrity and transparency matters most and our ratings arent influenced by compensation. The statements above are The Motley Fools alone and have not been provided or endorsed by bank advertisers.

More on Personal Finance

Note paper with question mark on orange background
Personal Finance

Should you invest your ISA in a model portfolio?

Which model ISA portfolios offer both high performance and low fees? Hargreaves Lansdown, Interactive Investor and AJ Bell go under…

Read more »

Economic Uncertainty Ahead Sign With Stormy Background
Personal Finance

Is it time to exit emerging markets investments?

Investors may well be sitting on losses from emerging markets funds. Is it worth keeping the faith for a sustained…

Read more »

Personal Finance

Share trading? Three shares with turnaround potential

Share trading has been difficult in 2022, but which companies have turnaround potential? Jo Groves takes a closer look at…

Read more »

Man using credit card and smartphone for purchasing goods online.
Personal Finance

Revealed! Why Gen Z may be the savviest generation when it comes to credit cards

New research reveals that Gen Z may be the most astute when it comes to credit cards. But why? And…

Read more »

Environmental technology concept.
Personal Finance

The 10 best-performing sectors for ISA investors

The best-performing sectors over the past year invested in real assets such as infrastructure, but is this trend set to…

Read more »

Road sign warning of a risk ahead
Personal Finance

Recession risk ‘on the rise’: is it time for investors to worry?

A major global bank has suggested the risk of a recession in the UK is 'on the rise'. So, should…

Read more »

pensive bearded business man sitting on chair looking out of the window
Personal Finance

1 in 4 cutting back on investments amid cost of living crisis

New research shows one in four investors have cut back on their investing contributions to cope with the rising cost…

Read more »

Image of person checking their shares portfolio on mobile phone and computer
Personal Finance

The 10 most popular stocks among UK investors so far this year

As the new tax year kicks off, here's a look at some of the most popular stocks among UK investors…

Read more »