(AGENPARL) – THE HAGUE (THE NETHERLANDS), gio 19 novembre 2020 By Paresh Dave and Anna Irrera
OAKLAND, Calif./LONDON (Reuters) – Alphabet Inc’s <GOOGL.O> Google on Wednesday relaunched its U.S. payments app, introducing paid promotions to the service and opening a waitlist for bank accounts being launched next year with Citigroup Inc <C.N> and 10 other institutions.
The new Google Pay app, like its predecessor which will be discontinued eventually, enables contactless payments in stores and money transfers. But now users can transact with groups of people, search transactions, view analytics and explore cashback offers from merchants including Burger King and Target Corp <TGT.N>.
Google will receive a distribution fee for those promotions, opening a small new line of revenue for the advertising giant. Transactions will not affect the ads that users see on other Google services, it said.
The new functionality brings …