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The digital payment platform Google Pay has evolved beyond being merely a tool for sending money and paying bills. Recently, the company launched a new feature called "Ask Google Pay," powered by Gemini AI. This feature enables users to analyze their expenses and easily understand topics related to investments, taxes, and other financial matters. It is currently being rolled out on an opt-in basis, meaning users can choose to activate it if they wish.

**AI to track where your money is being spent**
According to Google, "Ask Google Pay" will analyze users' transaction histories to provide insights into their spending habits. This makes it easier to identify which categories account for the highest spending and how to manage money more effectively. Users can also ask the AI ​​direct questions regarding savings, expenses, credit scores, and various financial products.

**Information on SIPs, mutual funds, and taxes**
Google's new AI assistant will not only track expenses but also explain complex topics related to investments and taxes in simple language. Users can access information on subjects such as mutual funds, SIPs, interest rates, and the differences between the old and new tax regimes.

It will also find the best offers tailored to your needs. For instance, if you are a travel enthusiast, it might suggest the most suitable credit card options for travel.

**Emphasis on data privacy and security**
Security is paramount when it comes to finances. Google has clarified that the "Ask Google Pay" tool is primarily designed to foster financial literacy among users. The company has assured that users' financial data will remain completely secure throughout the process and will stay under the user's control.

**Support for 10 Indian languages**
According to Google, users will be able to ask questions using both text and voice inputs on "Ask Google Pay." This feature is being made available in 10 Indian languages ​​to ensure it can be used by the widest possible audience.

Google Pay Flex SBI Card Also Launched
Nowadays, the focus of digital payment apps has shifted beyond mere transactions to offering personalized financial services. Leveraging AI, companies are empowering users to track their spending and make informed financial decisions.

Expanding its suite of everyday financial tools, Google has launched a new co-branded credit card—the 'Google Pay Flex SBI Card'—in partnership with SBI Card. The launch of this new AI feature and credit card is seen as a significant step towards establishing Google Pay as a comprehensive financial ecosystem in India.

Disclaimer: This content has been sourced and edited from Amar Ujala. While we have made modifications for clarity and presentation, the original content belongs to its respective authors and website. We do not claim ownership of the content.