For transaction
“Google Pay is a digital wallet platform and online payment system developed by Google to power in-app and tap-to-pay purchases on mobile devices, enabling users to make payments with Android phones, tablets or watches”
Google pay generates income in many ways as people use it to pay bills , mobile recharge, UPI transaction
- Mobile recharges and Bill Payments : “Whenever a user recharges on any SIM operators or pay bill from this app, then they get commission by that operator on every recharges.”
- UPI transactions: “Most people use this app for UPI payments.
But this app also provides more services such as mobile recharge, bill payment.
so whenever people have to use both these services, they use this app and this app earns from both the services.”