Google Pay looks to enter SME lending to back retail play
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Global tech giant Google, in partnership with undisclosed Indian lending firms, is looking to launch a credit feature for small, medium enterprises (SME) or merchants listed on its digital payments platform Google Pay by the end of this year. Ambarish Kenghe, senior director for product management at Google Pay said that the new credit feature will be an extension of its instant loan feature launched in 2018.