Google Pay is an online payment app that allows users to make payments directly from or to a bank account in real-time over Unified Payments Interface (UPI). To use Google Pay you just need an Internet connection, an Indian bank account, and an Indian phone number. The best part is you can send money to someone's bank account directly even if the receiver is not on Google Pay with a zero fee affair. Show
The app even allows you to send money to an external bank account. There are various methods through which you can send or receive money on Google Pay. Here is a step by step guide you can follow to send money to an external bank account on Google Pay. How to send money to external bank account on Google PayTo pay one of your contacts, no matter where in India they are, you can follow the below-given steps: Step 1: First, open Google pay on your smartphone. Step 2: On the home screen tap "New payment", it will take you to payment options. Step 3: On the new screen tap Bank transfer option. Step 4: Once you chose bank transfer, the screen will ask for the following details.
Step 5: Enter all the required details and tap Continue. Note: Just make sure you enter the correct details. Because once you send the money, the transaction can't be cancelled. Step 6: Enter the amount. If you want then you can also add a description and tap done (proceed arrow). Step 7: On the next page, select a bank account and tap Proceed to pay. Step 8: Enter your UPI PIN and tap done (tick). That's it! When the money has been sent, you'll get a notification. You'll also receive an SMS from your bank with the debited amount. However, by any chance, if your transaction to your contact's bank account fails, then the bank might debit the money from your bank account and then refund it. If the amount is credited, you will receive two SMSs for the refund. READ | Google Pay: How to report a transaction issue READ | How to delete Google Pay transaction history READ | How to use Google pay: A complete guide It seems like new finance-related apps and programs are released daily. Among these new programs are ways to pay friends or vendors without having to break out the ol’ stone tablet, otherwise known as a checkbook. Some of these programs can be a little confusing to navigate. Luckily, Google Pay has made it easy to receive money and then get those funds to your bank
account. A shortlist of steps is provided at the bottom. Step 1: Fire up your Google Pay appIf you are trying to figure out how to transfer funds from Google Pay to your bank account, then it’s safe to assume you already have a Google Pay account. If not, come back when you do. If you have received payment and need to transfer that money to your bank account, the first thing you need to do is open up your Google Pay app. Tap on your Google Pay app to open up its home screen. Step 2: Profile IconOnce you have opened your Google Pay app, you should see your profile icon at the top right corner of the screen. It should be a colored circle with the first letter of your first name in the middle and is the same icon that you see associated with all other aspects of your Google account. Tap on your profile icon to open your user settings. Step 3: Google Pay BalanceA new screen should open after tapping the profile icon, showing the same profile icon with your email address associated with your Google account below it. You should also see selections for “Settings” and “Help & Feedback.” Directly below your profile icon, you will see your email address. Right below the email address, there should be a rectangular-shaped box with the title “Money in Google Pay” and some sort of currency amount. You will also see an icon at the top right of this box that looks like two horseshoes interlocked at their openings. This box also indicates how much money you have available to you for transfer in your Google Pay. Next, tap this box. Step 4: Transfer OutTapping the Google Pay balance box will open a new screen showing your current balance. The same interlocked horseshoe icon will be at the top middle of the screen. You should also see your transaction history feed at the bottom of this screen. Directly below your Google Pay balance, there are two options: “+ Add money” and “Transfer out.” If it wasn’t obvious already, tap the “Transfer out” option. Step 5: Choose Your AmountThe new screen will reveal a spot to enter a currency amount. At this point you need to choose the amount of cash that you want to transfer out of your Google Pay app. When doing this, keep in mind the total amount that you have available to you. Enter the amount you wish to transfer out and tap the “Next” button. Step 6: Payment MethodAt this point, you will be asked to choose a payment method. If you have not yet added a payment method to your Google Pay account, you can learn how here. If you have not done so already, add a payment method before continuing to Step 7. This should be easy to determine because you will not have any payments options available to choose from. Along with a direct deposit to your checking or savings account, you may have a debit card added. Debit card transfers out of Google Pay are normally instant. However, you will be charged a 1.5% fee for making a debit card transfer. Once you have selected a payment method, tap the “transfer out” icon and you’re all set. Step 7: Sit Back and RelaxNow just sit back and relax. Don’t panic if you do not see your funds immediately. Depending on your bank, it can take 1-3 business days for the cash to hit your bank account. Try paying with the Google Pay app if you need that cash quickly. If that is not an option, then remember transfers to a debit card are normally instant, although you will be hit with a 1.5% fee. Typically this fee is a very minuscule amount and virtually unnoticeable Should you encounter any problems, Google provides some information regarding common reasons you may experience difficulties. Follow the link to get some information on troubleshooting your Google Pay account. Regardless, you should have a record of the transfer in your transaction feed in case you need to reference it with Customer Support. The Short List
Related: How to Transfer a Vanilla Gift Card to a Bank Account Can we transfer money from Google Pay to other bank account?Send money to external bank account
Open Google Pay . Tap “New payment” in the screen, it will take you to payment options where you need to tap Bank transfer option. Once you chose bank transfer, the screen will ask for following details. Recipient account number and re-enter once again.
Can I send money through Google Pay to a bank account which is not linked in Google Pay?Confirm if the recipient has linked their bank account to their Google Pay app. If no or you're not sure: If you know their bank account and IFSC code, you can send them money.
How do I transfer money to someone else's bank account?There are several ways to do that electronically, each with its own advantages.. Use a money-transfer app.. Consider a bank-to-bank transfer.. Set up a wire transfer.. Request your bank send a check.. How long does it take to transfer money from Google Pay to bank account?You can transfer out money from Google Pay to a debit card or bank account. With your bank account, the pending transaction takes up to 1–3 business days.
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How to transfer money from google pay to other bank account
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