Suddenly Google’s digital wallet app is in high demand, probably because the company is making money.
At one point Wednesday, Google Pay was the most downloaded app on Apple’s App Store, surpassing TikTok, YouTube, and Instagram, according to app analytics firm Sensor Tower. This is the first time Google Pay has reached the same spot based on the Sensor Tower search.
On November 17, Sensor Tower reported 200 installations. The next day, Google Pay received a major redesign, a new logo, and features like cashback prizes and group payments. It became 50 times more popular with 10,000 installations on November 18 alone.
Since the major update, Google Pay reached 316,000 downloads on the App Store, compared to 8,000 in the same period last year.
While the redesign helped, the app reached new heights as it raised its transmission levels this week.
As Google’s 9to5 reported on Wednesday, Google Pay now gives users $ 21 to sign up for a new user who spends more than $ 10 with the app. The new user will also receive $ 21.
Payment for the previous two users was $ 5. You can forward up to three – at least until December 31, when the agreement expires.
Google Pay was shipped from the App Store 410,000 times in 2020, according to Sensor Tower. Last year, that number was only 82,000.