Google has launched a new prepaid debit card linked to its digital wallet service that will allow users to buy goods at stores or withdraw cash from ATMs.
Known as Google Wallet Card, the card will be available only in the US and will allow consumers access the funds stored in Google Wallet, a smartphone app.
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Google has set the maximum limit at $5,000 per day for using the card.The card will be available free of charge and does not include monthly or annual fees.
In a post announcing the arrival of these physical Google Wallet Cards, Sandra Mariano, product manager, Google Wallet wrote in the Google Commerce blog that users will be able to use the card without having to wait for money to be transferred from Google Wallet Balance to bank account.
"The Google Wallet Card is a debit card that lets you quickly access your Wallet Balance, whether you’ve received it from a friend or added it directly from a linked bank account or credit/debit card," Mariano added.
The new card comes two years after it launched a credit card called AdWords Business Credit.
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By GlobalData
