As a Google Pay supporter, ProCredit Bank plays an essential role in integrating this advanced payment platform in the Kosovo market by offering both private clients and businesses an easier, faster, and particularly safer way to carry out their daily transactions.
How is this safety achieved?
In complete compliance with ProCredit Bank's strict policies around information security, Google Pay implements advanced security measures and protocols that protect the financial information of its users and guarantee safe transactions.
How Does Google Pay Protect Your Card?
As a start, in order to use Google Pay, your Android phone or smart watch must activate a security code or biometric authentication (fingerprints or facial recognition) to open. The following security measures are more advanced than this.
When you add a debit or credit card in Google Pay, the real number of your bank account is not saved in your device or Google servers. Instead, a virtual account number, known as token, is created. This token is used for all transactions you complete via Google Pay, ensuring the real number of your card is never exposed during the payment process.
Further, all information on your payments and transactions are encrypted using standard industry protocols. Such protocols transform your information into an illegible code for the unauthorized parties, thus guaranteeing safe transmission of all such sensitive data.
How Does Google Pay Protect You from Fraud?
Google Pay uses advanced systems to monitor transactions in real time. These systems are tasked with detecting unusual activity in transactions you make with the cards you have added to your Google Wallet and actions that may appear fraudulent or detected as unusual.
Once a suspicious activity is detected, you, as the user, are immediately notified and Google undertakes the right actions to secure your account, lifting from you the unbearable burden of protecting your data. In fact, even in cases when you lose your phone or smart watch, you are able to access or delete from the distance your Google Pay account using another device or even your Google account. This prevents unauthorized access and safeguards financial information even if the physical device is compromised.
To ensure that every payment or purchase you execute through Google Pay is made by you and you alone as the card holder, Google Pay offer real time notifications for all transactions. This enables users to identify and report promptly each unauthorized tariff, thus ensuring that prompt action can be taken to detect every possible fraud.
Safe Payment with Google Pay
The thorough security measures of Google Pay make it one of the safest digital payment platforms in today’s market. By making this platform available to you, ProCredit Bank keeps its promise for complete security in how you pay.
Easier for you with Google Pay!