Google Pay support is expanding yet again with the new addition of approximately 30 financial institutions, bringing the total number of banks supported in the U.S. up to 1,614. Of course, major banks and bank card issuers such as Chase, BBVA Compass, Bank of America, US Bank, Synchronicity, and Wells Fargo were added to Google Pay way back when the service was still known as Android Pay and aren’t included in that figure. The service has come a long way since then, steadily adding banks, credit unions, and other financial establishments over the past several months. In fact, there were only around 1,196 banks on Google’s list – excluding the nationwide providers – as of January. The latest additions are primarily institutions that are either much smaller or localized to specific regions of the country. That means it is comprised of institutions such as the First Community Bank in South Carolina, Wyoming Bank & Trust, North Shore Trust and Savings, and OU Federal Credit Union.
The change means that those cardholders from those institutions can now download the application and send or receive money, as well as enable NFC features, once they’ve synced their bank with the service. As with the majority of updates to Google’s list, the additions this time around are each U.S.-based financial institutions. Although there has been a degree of expansion into other countries and regions, progress on that front has been slow. Specifically, Google’s official Pay Help website shows bank support for just 20 countries – including Australia, Belgium, Brazil, Canada, Croatia, Czech Republic, Germany, Hong Kong, Ireland, Japan, New Zealand, Poland, Russia, Singapore, Slovakia, Spain, Taiwan, Ukraine, the U.K., and the U.S. So there’s still quite a bit of territory that needs to be covered before the search giant can say that its mobile payment app and service are in most areas or support most banks. Meanwhile, the FDIC listed 6,799 FDIC-insured U.S. commercial banks in 2014, so Google is just under one-quarter of the way done if it plans to add every card-issuing financial institution in the country.
The same general trend is followed with regard to features added to the Google Pay application as well. More recently, users saw the addition of boarding pass and event ticket storage in the U.S. Other regions, starting with the U.K., will be next to see that feature but there’s no timeline for that, as of this writing. The application and service are effectively intended encompass all of the search giant’s previous efforts in the financial category. So should be too surprising that it is taking quite some time for the company to get everything lined up and launched with support for as many banks in as many regions as possible.
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