Google Pay: Sundar Pichai, who is the CEO of Google's parent company Alphabet, stated that the company will continue to add more utility in services and aims towards speeding up the growth in India's digital growth system and expanding partnerships in the region.

Pichai was addressing an investor call just after the company announced its result for March Quarter on Wednesday.

GPay Ambitions to Add More Utility to the Service

Asking about the evolution of Google Pay and its ambitions to add more utility to the service, Pichai responded, "And you mentioned the work in India, that was the mainly what everything got started. Now 150 million people across the 40 countries using Google Pay, and then over time our main mission is to make innovation and build new digital experiences."

Pichai's statement on late Tuesday regarding adding utility to the service, "Google Pay is currently used by 150 million individuals in 40 countries. We're ensuring sure it works across the board, that it works well, and that it's simple to use for all of the sites. Then, over time, we'll develop and create new digital experiences.”

Google Tez Later Became Google Pay

In 2017, Google Tez was launched in India, and in 2018; it was renamed Google Pay. The controversial issue regarding the service fees of the Google Pay application made Pichai talk openly stating that 99% of application developers qualify for a service fee of 15%or less.