With the passing years, the age becomes more advanced and digital with technologies, techniques, app and lots more. Now, it’s the time to use E-wallet instead of cash. Google play is a digital wallet platform which is developed by Google a few months ago. In simple terms, it makes the online payment much easier. Before 2018, there were android pay and google wallet, after Jan 2018, google wallet has unified into a single pay system, termed as Google Pay App. The article will guide you on Google Pay app and the money transferring process through the app to your Demat account.
How to Use Google Pay App to Transfer Fund for Trading?
Here, we are trying to provide step by step detail regarding usage of Google Pay App.
To download google pay app CLICK HERE
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OR, search for google pay app from your play store and install it.
After installing it, you will be asking for verification of your mob number and other security details. Read carefully before the application.
Next step after the security verification is to select your bank. Users must have a debit card with them to have a smooth process.
After bank selection, this verification process will happen.
In order to transfer fund, users need to create UPI ID by generating UPI Pin.
The last and final step is to transfer fund by using the UPI Pin. As for example, here I transfer 100 Rs. in my Zerodha kite account.
The process of fund transfer is quite simple and fast. It will take a few secs to transfer the fund.
Besides this fund transferring facilities, there are other eye-catching rewards. You can get cash back, coupon by transferring a limited amount of funds.
It is less complicated and easy to use in comparison to internet banking.
By using it, one can go cashless and save time. If we talk about security, currently, it is one of the best secured digital wallets.
Ankita is a graduate in English language and she has also done her MBA from the Calcutta University. She has a high knack in the stock markets. She is a NISM certified Research Analyst. An experienced stock market content writer Ankita is also trading successfully on her own account.