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At an event held in the city of São Paulo, we learned about several new developments for the Google Wallet. In addition to a night mode that will bring more security, a new feature was also announced that allows Pix payment with NFC, requiring only three steps to complete the purchase. See the details.
Partnership with BACEN
Roberto Campos Net, President of Central Bank of Brazil (BACEN), took the stage to talk about the success of Pix and how the partnership with Google has been essential for more and more people to have a safer daily life. He highlighted that companies like Google have been essential for the modernization process to become increasingly successful.
BACEN is standardizing online and even offline payment solutions with NFC technology, so that this payment method can be supported by the largest number of financial institutions and businesses. We are moving towards an era of instant payments in several countries, such as what is already happening in Brazil with Pix. The country, in fact, is recognized as a pioneer in the digitalization of financial services.
Roberto Campos Net, President of the Central Bank of Brazil (BACEN)
Campos Neto also explained that Pix, which cost R$15 million to develop, is already responsible for moving 2,5% of Brazil's GDP. He also mentions that “The existence of Pix can compensate for the lack of banking services in some regions of Brazil, overcoming the lack of bank branches and ATMs in small cities.”
Currently, the BACEN has developed a process for the integration of DREX (the Brazilian digital currency), Pix and o Open Finance so that everyone is compatible with international payment systems.
There is work being done to integrate Pix with more countries and global blocs, including the European Union. In the view of Campos Neto, these advances are even more representative than concerns about having 'common currencies': “With globally integrated instant payment systems, it becomes unnecessary to think about common currencies, as their advantages end up being surpassed by new digital means"He says.
Although the Google being one of the companies that uses Pix in its services, Campos Neto mentions that more companies could take advantage of the availability of BACEN. Apple, despite allowing the registration of debit cards on Apple Wallet, does not yet have Pix integrated, something that Google Wallet has been allowed for 4 months now.
Arrival of Itaú
In July of this year, the Google has released the possibility of making transfers via Pix to other people's accounts directly in your Wallet. However, initially, the new feature was made available to customers of PicPay e C6 Bank.
Itaú has invested in Pix since the very beginning, especially due to its potential for innovation and value creation for its customers. Now, Pix by proximity is here to transform its use in in-person transactions, with significant gains in experience and security. We strongly believe in the impact it will have on retailers and consumers; that is why we developed a solution at Itaú that can be used by everyone, regardless of their financial institution, reaching the largest possible number of people.
Angelo Russomanno, Director of Payments for Legal Entities at Itaú Unibanco
During today's event, in addition to being able to make transfers, Itau customers will be able to use the Pix contactless payment functionality. It will be necessary to register the account on Google Pay, give authorization in the bank app and that's it, payments and transfers via Pix can now be made.
We have already shown How to make transfers via Pix on Google Pay in a special article – be sure to check it out.
Pix by proximity with NFC
Pix contactless payment is similar to paying with a debit or credit card. You only need to inform that you want to make the payment this way and then confirm your identity on your smartphone, using the fingerprint sensor or entering a PIN. Check out the step-by-step guide.
Step 1: inform the store that you want to make a payment via Pix by approximation.
Step 2: with this selected by the attendant, bring your unlocked smartphone close to the payment machine, in the same way you make payments via NFC using a card saved on your smartphone.
Step 3: Your smartphone will receive the transaction information. At this point, confirm the amounts and the account that will receive the amount.
For the transaction to be completed, select the account in the app where the money will come from.
Step 4: Finally, confirm your identity on Google Pay and wait for everything to be finalized. See how easy it is?
Pix on the GPay button
It will be possible to use Pix as a payment method in Google Pay when you use applications that have the API integrated. Once the option is Google Pay is selected for payment, simply select Pix and continue with the payment.
In this first implementation phase, the new feature will be available in two applications: Zul+, the application for purchasing parking hours in the state of São Paulo, and also in the application of McDonald's, but the second premiere was promised for “the next few months”.
Today, the technology used in our operations allows drivers to activate, track usage time, and pay for parking and the various services available on Zul+, all with just their cell phones. Launching the Pay with Pix button puts us at the forefront of offering disruptive and relevant actions to make our customers' daily lives easier. And this at a time when the brand is consolidating itself as an autotech that develops solutions through technology to increasingly understand and improve the drivers' journey.
Emílio Sanches, CEO of Estapar, the company that owns Zul+.
Preview Pix in Chrome
Also soon, it will be possible to use the Google Pay via Pix also on purchases made on Chrome. The idea is to prevent you from opening the bank app when making purchases on various types of websites. As soon as you select the Google Pay as a payment method, simply click on the Pix symbol and make the payment in a secure environment.
Night Mode in Google Wallet
This is an add-on to the functionality launched in July of this year. When it is activated, the user will be unable to make transfers to Pix keys and unknown CNPJs between 20 pm and 6 am. It will only be possible to send money to those to whom you have already made a payment; this is outside of Night Mode.
The new feature needs to be configured in the app. Google Pay to start taking effect and resembles the security methods of traditional banks. It is another way to prevent your account from being emptied in possible robberies or express kidnappings.
Android Theft Protection
This feature was released by Google as a first preview of Android 15, tested first in Brazil and announced during the Google For Brazil 2024, before being released to other countries. In practice, when the functionality is activated, the accelerometer will be used to detect a sudden movement and the screen will be locked.
Although it is an Android 15 feature, those who have smartphones with Android 14 can activate the feature and have an additional layer of security when they are on the street or at a busy event.
Immediate protection after theft
There is a Find My Device feature, Google, which allows you to block your smartphone as soon as it is stolen or robbed. And using it is very simple: after activating the Remote Lock on the cell phone you use every day, just access the website android.com/lock and enter the phone number with the area code.
It is worth remembering that the smartphone must be connected to the internet, but if it is offline, the block will be validated as soon as the device has internet again.
Mark as Lost
O Mark as Lost is only available for smartphones. When accessing the section Find My Device In your cell phone settings, you can indicate that another device connected to your account was left somewhere by mistake (this is when you are not sure that it was stolen).
When activated, in addition to the screen being locked, your account Google will be disconnected from the device. You can also add contact information such as a message or even a phone number so that if the phone is found, the person can contact you and you can arrange to return it.
Availability of new features
All people who want to make Pix Payments with NFC via Wallet of Google can now do this from today (4), only needing to have the account PicPay, C6 Bank or Itau registered in the application.
The same goes for the Night Mode of Google Wallet: simply access the application settings and activate the functionality for even more security. Make sure you have the latest version to avoid incompatibility issues.
Already talking about Pix Preview No. Chrome, the new feature was promised for the “next few months”, but a specific date was not mentioned. We will update the article when it is released. Thief Mode can now be used by anyone who has a smartphone with Android 14 or higher.
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Text revised by Alexandre Marques in 05 / 11 / 2024.
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