Financial superapp Revolut boasts 18 million users worldwide recently announced that it will bring Google Pay to Revolut Junior customers across the UK and EEA, according to media reports. The introduction of Google Pay is after the company received over the last few months from customers, specifically parents and their teenage children. After the Covid-19 pandemic, contactless payments have emerged as one of the most preferred modes of payment and it also makes life easier for teenagers, who will now be able to make quick and hassle-free payments from their Junior account, using their smartphones.
Google Pay is one of the most trusted and secured payment methods for teens who pay without having to carry or use their payment card, touch physical buttons or exchange cash. Digital wallets similar to Google Pay makes it easier for Revolut cards, which are widely accepted and are safer than traditional cards or cash.
In order to use Google Pay, customers simply hold their compatible Android device near a payment terminal to make a contactless payment. Every purchase is secure because it is authenticated with Face ID, Touch ID, or device passcode. Google Pay is accepted in grocery stores, pharmacies, taxis, restaurants, coffee shops, retail stores, and many more places. The app also allows customers with aster and more convenient purchases in apps or on the web without having to create accounts.
Tara Massoudi, Head of Product for Revolut Junior, told the media, “customer desires drive most of Revolut’s product development and this is no exception. Our research shows that young people have a strong preference for digital wallets. Bringing Google Pay to teens simplifies payments with Revolut Junior and adds an extra layer of safety – for teens and their parents. We’re moving towards a cashless society, and the pandemic has accelerated digital payment trends even more. We’ve come a long way since piggy banks with cash and kids need new tools to evolve with this shift.”