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Google is gunning for India’s payment companies. The U.S. search giant entered India’s payment space in 2017, and now it is hatching an initiative that could boost usage of its Google Pay service by tying it tightly into Android apps in the country.
The company has built an in-app engagement rewards platform that promises to help developers and businesses retain users and drive engagement on their apps, two sources familiar with the matter said. It plans to formally launch the project through partners using an SDK later this year, TechCrunch understands.
Core - Play - Google - Pay - Transactions
Sitting at the core of this new play is Google Pay, which will be used for transactions between businesses and users, thereby expanding the reach of Google’s payment service.
Internally dubbed as Project Cruiser, the initiative has been in works since last year and it is led by Google’s Next Billion Users team, sources said. Executives from the company have reached out to several businesses in India in recent months to coax them into coming on board, they added.
Platform - Developers - Apps - App - Developers
The platform, if incorporated by developers into their apps, will allow app developers to incentivize users to perform certain actions in their app in a “scalable” fashion. For example, placing their first order, invite friends or adding a payment method, will all result in users earning a small sum of money. In a pitch, Google executives have described these actions as “north star” metrics — something that the company believes its current products do not currently offer.
A Google spokesperson declined to comment on the specifics of Project Cruiser, but said, “We’re always looking at ways to serve the next billion users better, but we have nothing to share at this point.”
Part - Rationale - Project - Businesses - Customers
Part of the rationale behind the project is to help businesses retain customers. A growing number of users are deleting new apps not long...
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