Google is preparing to offer users the opportunity to open Bank accounts, reports The Wall Street Journal.
Partners of the project entitled Cashe will be a big financial sinter Citigroup Inc. and credit cooperative at Stanford University, but later the project can join and other banks.
Google Partners will provide the infrastructure and monitoring operations.
"If we can help people solve more tasks online, it is good for the Internet, and it's good for us", - said a top Manager Caesar Sengupta.
Users of the new service will be to access your account through Google Pay. The company stresses that they will share data of banking service with advertisers.
Google was last techno giant which has decided to engage in the provision of financial services. Apple has already launched its own credit card, Facebook is developing its own cryptocurrency Libra, Amazon is in talks with banks about opening accounts to users.
