How It Works -Google Pay’s Tokenized Payments With Debit/Credit Cards are Supported by SBI, Axis, HSBC

On Wednesday, Google Pay declared to expand its cards tokenization functionality in collaboration with Visa.

The move is to add modern banks that allow users to make debit and credit card transactions through a secure digital token associated to their phones.

More banks are being added

In addition to recent partners, more banks have now signed up for card tokenization through the Google Pay app.


For the unaware, Card tokenization is a specialty that lets users make debit or credit card transactions through a secure digital token attached to their phone without sharing their credit or debit card information. 

Prior to this, Google Pay had rolled out the service with Kotak Mahindra Bank, SBI Cards and Axis Bank.

Google Pay has added SBI, Indusind Bank, Federal Bank, and credit cards from IndusInd Bank and HSBC India to its slate of offerings.

How Does It Help?

With the use of the Google Pay card tokenization, users could perform contactless transactions via Near-field communication (NFC) capable machines/ smartphone at over 2.5 million Visa retail outlets. 

In addition to that, the customers will be able to scan and pay at more than 1.5 million Bharat QR-enabled establishments.

They can also use this service to pay utility bills and recharge mobile numbers via credit cards. 

On top of that, the service also works with online retailers, provides seamless OTP experiences without redirecting users to 3D Secure sites.

Google Say

Adding further clarity to the subject, the Business Head of Google Pay and NBU — APAC, Sajith Sivanandan stated, “We’re committed to offering the most secure payments experience to our growing base of users, and tokenization helps to replace sensitive data such as credit and debit card numbers with tokens, eliminating any chances of fraud. We are hopeful that the tokenization feature will further encourage users to transact securely and safely in the current times and expand merchant transactions both online and offline. The addition of SBI and Federal debit cards, IndusInd bank debit & credit cards and HSBC credit cards help extend this offering to millions of card users on the Visa network. We are working closely with other banking partners to further expand the adoption of card-based payments with tokenization in India.”

How Does It Work?

This feature works after you do a simple one-time setup by entering their card information. 

Follow it by verifying the OTP, which will be sent to your mobile number by the bank. 

Once, the functionality is enabled, you can make transactions at NFC-enabled devices. 

This service can also be used to process payments at major online marketplaces such as Myntra, Yatra, Dunzo and many others using the cards.