Google is seeking to expand payment options on Brazilian soil. The company chose Brazil to be the first country to test its new contactless payment system. The tool allows any cell phone, even those without NFC technology, make transactions by scanning QR Code.
O NFC (Near Field Communication) Enables wireless information exchange between compatible devices. That's why, is an alternative to cell phones like iPhone or watches, for example. Although, Google's proposal is precisely to democratize contactless payment, reaching people with lower purchasing power.
The system's focus is on users who have entry-level cell phones. “This is an unprecedented release, first developed for Brazil. It was made with the aim of further democratizing digital payments”, completes the president of Google in Brazil, Fábio Coelho.
How the system will work?
The system will allow any Android operating cell phone to carry out digital transactions via credit or debit card by bringing the device closer to a payment machine.. Dynamic code reading is done through the machines screen itself, that detects the QR Code. Transactions can be made in cash or in installments.
For that, the operation must be done through Google Wallet, tool that must be downloaded by the user on their mobile device. It is in this tool that the payer will register the credit or debit card details that will be used.. Google explains that, before the transaction is initiated, the cell phone must be unlocked by the user.
60% of cell phones without proximity
The approach technology, in addition to being practical and agile, is also much safer for those who use it.. Despite that, approximately 60% of smartphones sold in Brazil in recent years do not have NFC technology, according to data collected by the consultancy IDC.
“The data shows that a part of the population ends up excluded from the ease and security brought by digital payments”, diz Nathacha Litvinov, head of payments strategy and operations at Google Latin America.
The new payment system was presented this Tuesday, 27, during the Google For Brazil event, in São Paulo. In addition to this new, the technology company also presented other updates and innovations for the coming months.
