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Google Play Store now supports UPI payments: report

Google has quietly added UPI support for Play Store purchases, reports XDA Developers. The option is currently available for Play Store v16.3.37, and some users have started spotting it on their devices, according to the report. We have reached to Google and will update this when we hear from them. Google already runs its own UPI payments app Google Pay; it had first announced UPI payments for Play Store in May during Google's annual developers conference I/O 2019. Google Play Store also supports payments via credit and debit cards, net banking, carrier billing, Google Play balance, gift cards and offline vouchers. Google had also announced in May that it would allow users to make Play Store purchases using cash. Allowing users to pay with cash and via UPI is a major push by Google to increase Play Store revenues. While the Play Store sees more downloads than Apple’s App Store, it earns far less money. According to a Sensor Tower report, the Play Store generated $25 billion in revenues in 2018, while the App Store raked in $47 billion. Allowing users to pay in cash or through UPI could help bridge that gap as Android is hugely popular in developing countries, where cash still rules and access to digital payments is limited. Google also plans to allow cash transaction on Play Store Cash payment on the Play Store was already live in Japan and Mexico in May and was expected to be rolled out in other countries soon. The company had then said that…

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