Google Pay drops plans to offer Plex bank accounts after lengthy waitlist
(Android Central)

Google will focus on supporting banks. What you need to know Google no longer plans to offer bank accounts. The company announced its Plex service last year with the new Google Pay redesign. Google plans to continue supporting banks and financial institutions through Google Pay. After announcing grand plans to offer bank accounts through its new Plex service in Google Pay, the company is now abandoning the undertaking. The news was first broken on Friday per a tweet from Walter Bloomberg, which is affiliated with Bloomberg news. Sources indicating that the company would no longer offer bank accounts. Google Abandons Plans to Offer Bank Accounts, Sources Say$GOOG— *Walter Bloomberg (@DeItaone) October 1, 2021 A Google spokesperson confirmed the news with Android Central, saying that it is shifting its focus from providing these services itself and will instead continue supporting banks and financial institutions through its app. Our work with our partners has made it e...