Transaction limits
The total amount of money allowed in your Google Pay wallet is $25,000 USD. If the dollar amount in your Google Pay wallet begins to exceed this amount simply transfer funds into your bank account of choice — at the click of a button. This includes the current rewards balance.
- Maximum single (one-time) transaction amount: $2,000 USD.
- Daily maximum total transaction amount: $2,500 USD per day.
- Up to 15 transactions per day.
Amount that you can send out or settle into your bank account in a rolling 7-day period:
- If your identity is verified: $5,000 USD
- If your identity isn’t verified: $500 USD
Transfer out
In a rolling 7-day period, you can only make 30 withdrawals. Note that the minimum amount of money you can transfer out is $1.00 USD.
- Total amount that can be withdrawn within a rolling 7-day period:
- If your identity is verified: $20,000 USD
- If your identity isn’t verified: $700 USD
- Maximum transaction amount in a single transaction:
- If your identity is verified: $5,000 USD
Bank settlement timing
- Instant settlement: Google is offering a settlement promotion, where transactions will be settled immediately to your bank account. Immediately, means within seconds or minutes. Transactions are not held for days or weeks.
- Daily settlement: Google pay for Merchants allows you to do Daily Settlement now. Refer Settle your payments daily or on demand to learn more.
- Instant settlement: Google is offering a settlement promotion, where transactions will be settled immediately to your bank account. Immediately, means within seconds or minutes. Transactions are not held for days or weeks.
Charges and Rebates
Net charge to merchant: 0.0%