Google halts plans for Google Pay-based banking service

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12.10.2021 | Google halts plans for Google Pay-based banking service

Google has stopped working on its Plex service, which is an online banking management app enables you to manage your banking through the Google Pay app.

This service was supposed to let users sign up for checking or savings accounts offered by a variety of traditional banks that the user would then manage through the app. 

According to a report by the Wall Street Journal, Google canceled the project due to a series of missed deadlines and because an executive who pushed for the project left the company.

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