Google has introduced Flex by Google Pay, a UPI-powered, digital, co-branded credit card built to simplify the entire credit card experience for India’s financial needs.
Flex makes the credit card experience as intuitive and ubiquitous as the UPI payments people make every day, all backed by the trusted, secure experience of the Google Pay app. Built on the RuPay network, we are excited to launch this first in partnership with Axis Bank, introducing the Google Pay Flex Axis Bank Credit Card. We look forward to expanding Flex to more issuer partners very soon.
Flex offers a simplified experience that enables users to pay with the card everywhere with instant reward redemption and flexible repayment options. Key features include:
- Simple Digital Application: Apply for Flex directly within the Google Pay app in just a few minutes. There is no physical paperwork. The card lives entirely on your phone giving you access to it anytime you need it.
- Pay anywhere, everywhere: Powered by the RuPay network, it gives you the freedom to scan and pay at millions of offline merchants or checkout on your favorite apps, for small or big payments.
- Instant Rewards: Earn ‘stars’ that are instantly redeemable on any Flex transaction, with a value of 1 Star = ₹1. You don’t have to wait until the month’s end to use your rewards.
- Flexible Repayment controls: Track your spends and manage bills directly in the Google Pay app, with the choice to pay in full or convert your credit card bill into EMIs.
- In-App Control: Manage security on your terms. Use the Google Pay app to set transaction limits, block/unblock the card, or reset your PIN instantly.
Available exclusively on Google Pay, users will be able to apply for the Flex card at zero cost . roll out starting today and coming to all users in the coming months.
Pocket Money
Google has started rolling out Pocket Money, enabling parents to grant their children access to digital payments with built-in supervision. Parents can do this through two flexible modes. Set a monthly limit of up to Rs. 15,000 that allows the child to spend independently within that boundary. Alternatively, they can choose to approve every transaction request initiated by the child.
While the child can pay independently, the parent retains oversight. Furthermore, the parent receives an instant notification for every transaction the child makes, ensuring they are always in the loop. Parents can track all transactions done by the child in their transaction history, and can also pause access to Pocket Money instantly from their own app.
How to use pocket money through UPI Circle works
As an existing UPI Circle user on Google Pay, you’re a Primary user and you can add family members, friends, or employees. They become a Secondary user to your UPI Circle.
- Primary user: Person who pays on behalf of the Secondary user with their bank account.
- Secondary user: A person who makes UPI payments through the Primary user’s bank account.
As a Primary user, you can set transaction limits and payment authorization. Select between full or partial delegation in UPI Circle:
- Set a monthly limit (full delegation): You can set a monthly limit of up to ₹15,000 for Secondary users. They can use your bank account to make payments within the set limit without your approval.
- Approve every payment (partial delegation): Secondary users must send you a request for each payment. You must approve to pay on their behalf.