Google Pay will always partner with existing financial system: Biz head

Sajith Sivanandan also dwells on instances where certain offerings have been reported as 'Google Pay's offerings', fueling misinterpretation

Google Pay on Friday said that the company’ role is firmly as a partner to the existing financial system that brings unique skill sets and offerings to drive further adoption of digital payments in the country.

Sajith Sivanandan, Business Head, Payments and NBU, Google APAC in a blogpost said: “In every geography where Google Pay is present, our stance is consistently one of partnering with the existing financial services and banking systems to help scale and enable frictionless delivery of financial products and services and contribute to the goal of financial inclusion.”

He added, “There have been a few instances where these