Google Pay Partners MMTC-PAMP India to Launch Gold Buying for Indian Users
- Tech giant Google has partnered with bullion refiner MMTC-PAMP India on April 11, 2019, to enable the users of Google Pay to buy and sell gold through the app.
- MMTC-PAMP India is first and only LBMA (London Bullion Market Association) accredited for Gold and Silver refinery in India.
- The partnership will allow Google Pay users to buy 99.99 percent 24-karat gold for any value and that will be stored on behalf of the user, by MMTC-PAMP, in secure vaults.
- The users can buy and sell this gold any time at the latest price, refreshed every few minutes, as displayed on Google Pay app.
- Paytm, Mobikwik and PhonePe already offers such service to its users.