Google Pay recently started supporting payments from the US to India. Essentially what that means is you can now Send Money From US to India Using Google Pay Application to your friends and relatives in India directly via the Google Pay App. which should make the process a lot easier because of the Google Pay market in India. So, if You are looking to send money via google pay from USA to India. here is how to receive money from US in India using Google Pay.
Send Money from US to India with Google Pay Application 2021
Here are the following steps you need to do in order to send money from US to India with Google Pay.
1. Search for the person you want to send the money to, and tap on ‘Pay’.
2. Now, select between Western Union or Wise. These are the two payment companies that Google has partnered with for this new feature, so you will have to use them for sending money to India. Wise now only supports $500 (Only bank Account) Per transition where Western Union supports $50000 (With Cash Pickup from near Western Union and bank account).
3. Once done, you can simply enter the amount, and follow the steps on-screen to complete payment. and Your Money now transfer From US to India via Google Pay Application
Google Pay vs PayPal
PayPal is one of the most popular ways to send money between countries. The platform offers simple ways to send money based on current market exchange rates, and payments are usually instant. So it is possible that you are wondering whether you should use PayPal or Google Pay to send money from the United States to India. Let me outline some key differences between how PayPal works and how Google Pay works, so you can make a more informed decision.
Transfer speeds and counts
Google Pay and PayPal both have instant transfers. However, while Google Pay simply uses your phone number, PayPal requires an account for both the sender and the recipient.
Either way, the person you want to receive money from is more likely to have a Google Pay account.
Obviously, as a payment service, you would expect these international transfers to come with additional fees.
According to the PayPal fee calculator for sending money to India, if you want to send 500 USD, the fees charged will be between 4.99 USD ((if payment is made via PayPal balance) then it goes to 15.49 USD (for debit and credit card payments).
Note: Fees vary depending on the amount sent. For high-value transactions such as $ 1000, PayPal charges a fee of $ 0.00 for payments made with a PayPal balance or a bank account but charges $ 30.49 for payments made with credit and debit cards.
On the other hand, starting today through June 16, Google Pay is offering free transactions for new users who send up to $ 500. Obviously, you’ll need to start paying transaction fees after June 16.
This is where it gets tricky as Wise has a much higher fee. According to the transaction fee calculator, Wise charges $ 8.86 as a fee if you want to send $ 500 to India. almost twice as much as PayPal.
Even so, I recommend that you use the Google Pay free service until at least June 16, and then select the service that you want to keep using. If nothing else, you’ll save on transaction costs through June 16.
Google Pay from USA to India
In my opinion, Google Pay is a pretty solid initiative to bring this new feature to users in the US. This feature makes it easy for users to send money to friends and family in India and is completely free until at least June 16. So what do you think Do you use google pay from USA to India for transferring money or do you have any other payment platform you prefer? Let us know in the comments.
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Tech blogger, digital marketer, and an avid caffeine-lover trying to indulge in the digital space of writing.
Technology freak, an internet nut, and a part-time philosopher.