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With Google Pay going the way of the dodo soon, you need to start withdrawing funds

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Anam Hamid is a computer scientist turned tech journalist who has a keen interest in the tech world, with a particular focus on smartphones and tablets. She has previously written for Android Headlines and has also been a ghostwriter for several tech and car publications.

. The company wants people to transition to Google Wallet, which offers many of Google Pay's features, including paying at online checkouts and in stores. Google Pay will stop working for US citizens after June 4, so if you have a lot of funds, you might want to start transferring them to your bank account.

If you want to transfer funds from the Google Pay app to your bank account, you should do it by June 4. After that date, you will have to visit the Google Pay website to transfer money out of it. That's because currently, you can withdraw up to $5,000 from the app every day if your account is verified. The app has a rolling $20,000 7-day limit, meaning you cannot withdraw more than $20,000 within a 7-day period. If your identity is not verified, the total limit is $700 for seven days.in any given week. Whether you access the limit in a single transaction or withdraw it over a 7-day period is up to you.

 

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