Alphabet Inc launched Google Wallet in South Africa on Tuesday, as the tech giant tries to gain a foothold in the country's rapidly growing digital payments space.
The logo of Google is seen at the high profile startups and high tech leaders gathering, Viva Tech,in Paris, France May 16, 2019. REUTERS/Charles Platiau/File Photolaunched Google Wallet in South Africa on Tuesday, as the tech giant tries to gain a foothold in the country's rapidly growing digital payments space.
The COVID-19 pandemic has accelerated the shift to digital transactions and people increasingly prefer making contactless payments via their smart devices. High smartphone penetration has also helped adoption rates. The Google Wallet app stores a consumer's credit or debit card information and allows shoppers to pay for goods by tapping their phone against a retail store's point of sale at the checkout counter.
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