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> This move feels inevitable Does Google has a banking licence ? I've never heard of "Google bank". What is so special about Google Pay ?
by hulitu 1y ago
> This move feels inevitable
Does Google has a banking licence ? I've never heard of "Google bank". What is so special about Google Pay ?
- skywhopper 1y agoYes, here’s the list of per-state licenses of Google Payments, in the United States: https://support.google.com/googlepay/answer/7160765?hl=en https://support.google.com/googlepay/answer/7160765?hl=en
- makeitdouble 1y ago> I've never heard of "Google bank" As a general point, there's a lot more banking entities than we as customer come into contact with. The bar isn't as high people image, and even for a middle-sized company getting a banking license is mostly a matter of investment and how serious they are about maintaining that activity in the long term. Any of the GAFAM already have or could have a operating internal banking arm if they wish it into existence.