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company, has announced a collaboration with
Google India to enable offline transactions for their digital payments service,
Google Pay. With this collaboration, Google
can have access to over 330,000 point-of-sale terminals in over 3000 towns in
India. Pine Labs’ solutions are used by merchants from diverse sectors –
electronics, food & beverage, fashion, pharmacy, telecom and airlines. Pine
Labs enables online and offline last-mile retail transaction for over 100
brands.
“We are excited to collaborate with Google and
bring the convenience of UPI at point of sale for
Google Pay users through our platform in India. Last year, over 100
million customers bought products and services from our merchant network. With
Google Pay, we expect to reach many new groups of customers across the
country.”
terminals in offline stores can be used by merchants to process Google Pay
using a secure, two-step process. Merchants can initiate a payment request
using a Google Pay user’s mobile number. The user then authenticates this
request via their Google Pay app for the payment to be processed. Both the
merchant and customer receive instant notifications on the completion of a
transaction.