In India, Google Pay (GPay) is rapidly becoming a common payment tool, with millions adopting it for its seamless and secure transaction capabilities. In this fast-paced digital era, where every second counts, GPay helps you ensure that payments are quick and uncomplicated.
Recognising the benefits that GPay brings to daily transactions, many wonder if their current accounts can also be linked to this payment tool. The answer is yes! You can quickly link your current account with GPay in a few simple steps.
Understanding GPay and Unified Payments Interface (UPI)
Google Pay is a digital wallet and payment platform developed by Google, designed to facilitate secure, quick, and convenient transactions via mobile devices. GPay functions using UPI, an instant real-time payment system developed by the National Payments Corporation of India (NPCI). GPay supports contactless payments, bill payments, and peer-to-peer (P2P) transactions.
An important prerequisite for linking your current account with GPay
Since GPay operates using UPI, you must choose a current account that supports UPI transactions. You can consider the IndusInd Bank Indus Tarakki Current Account, which supports various digital transactions, including UPI. This means you can link it with GPay easily and manage multiple expenses, from utility bills to vendor payments, with just a few clicks.
Here are more value-added benefits you get with this digital current account:
● Manage your finances without worrying about maintaining a minimum monthly balance
● Seamless collections via Point of Sale (POS), Quick Response (QR) code, Payment Gateway (PG), and UPI
● Cash deposits up to ₹5 lakh per month without charges
● Withdraw cash from any location without incurring fees
● Issue demand drafts/pay orders up to ₹50 lakh for free, payable at IndusInd Bank branch locations
● Get a free Visa Gold Debit Card
● Conduct large payments via RTGS, NEFT, and IMPS without fees
Open a current accountonline and get started with IndusInd Bank today!
Steps to link your current account with GPay
Download and install the Google Pay app. Complete your account setup by following these steps:
● Tap on your profile icon or initial in the top right corner. From the menu, select “Payment Methods”.
● Click on ‘Add Bank Account’ and select IndusInd Bank from the list of supported banks.
● Enter your phone number, which GPay will verify by sending an SMS. Once verified, your current account will be linked to the payment tool.
● Now, you may be prompted to create a 4-digit or 6-digit UPI PIN. This PIN is required to authorise all transactions.
Now you are ready to use the app to make transactions directly from your current account.
Why link a current account with GPay? Top benefits
The current account GPay feature offers you multiple benefits, such as:
24/7 access to funds
Access your account and handle your finances anytime, anywhere.
Instant money transfers
Quickly transfer money to vendors, suppliers, or employees via QR code, phone number, bank details, or UPI ID.
Enhanced security
Benefit from robust security features, such as UPI PINs and biometric authentication.
Expense tracking
Easily track and manage your business expenses with a detailed view of your transaction history. This minimises the need for physical invoices, receipts, and cheques.
Schedule payments
You can schedule or instantly pay utility bills, mobile recharges, and even subscriptions.
Rewards and incentives
Earn rewards, cashback, and other incentives offered by Google Pay for using the service.
GPay for current account users | A convenient solution
Linking your current account with GPay is straightforward. Simply open a UPI-enabled current account, install GPay, provide your bank details, and set up a UPI PIN. Now, make quick transactions via phone numbers, QR codes, UPI IDs, or account details at any time from any location.
This integration offers a world of convenience and benefits. These advantages include easy access to funds, instantaneous transactions, robust security measures, 24/7 availability, and compatibility with multiple banking apps, among others.
Don’t miss out on these perks. Open a new current account online that supports UPI transactions and transform how you manage your finances!
