Google’s digital pockets app is all of the sudden tremendous standard, in all probability as a result of the corporate is making a gift of cash.
At one level on Wednesday, Google Pay was probably the most downloaded app on Apple’s App Retailer, above TikTok, YouTube, and Instagram, based on app analytics agency Sensor Tower. That is the primary time Google Pay has reached the primary spot primarily based on Sensor Tower’s monitoring.
On Nov. 17, Sensor Tower reported 200 installs. The subsequent day, Google Pay bought a major redesign, new emblem, and options like cashback rewards and group funds. It grew to become 50 occasions extra standard with 10,000 installs on Nov. 18 alone.
For the reason that massive replace, Google Pay reached 316,000 downloads on the App Retailer, in comparison with 8,000 in the identical time interval final yr.
Whereas the redesign helped, the app reached new heights when it raised its referral charges this week.
As 9to5 Google reported Wednesday, Google Pay now provides customers $21 for signing up a brand new consumer who spends greater than $10 with the app. The brand new consumer additionally will get $21.
The payout to each customers was beforehand $5. You’ll be able to refer as much as three individuals — at the very least till Dec. 31, when the deal ends.
Google Pay was put in from the App Retailer 410,000 occasions in 2020, based on Sensor Tower. Final yr, that quantity was solely 82,000.