Google India clarified that Google Pay will not charge any fee for instant money transfer from its Indian users. The fee will be charged specifically for the US market from January and will not affect the payment apps in India.
A notice released on the web app notifies users that the site will no longer work from January next year.
The online payments platform is set to kill the peer-to-peer payments facility on its web app in January and is going to add a fee for instant money transfers, reported 9to5Google.
"These charges and fees are specific to the US and do not apply to the Google Pay or Google Pay for Business apps in India," Google India said in a statement shared with IANS.
Google clarified on a support page that the original Google Pay app will stop working in January in the US.
"Starting early in 2021, you won't be able to use pay.google.com to send and receive money from other people. To send and receive money, use the new Google Pay app," the company has informed its users in the US.
Google Pay will also add a fee on instant money transfers for its users in the country.
"It can take 1-3 business days when you transfer money to your bank account. Debit card transfers are usually instant. There is a fee of 1.5 per cent or $.31 (whichever is higher), when you transfer out money with a debit card," the company said on its support page.
