RIP Google plex, What it is all about? Google has finally planned to shut down plex services. After announcing bank accounts of Plex Mobile first in November last year, with Citibank and some other financial institutions, Google is pulling out of the product. According to the Wall Street Journal, the company abandoned plans to launch bank accounts to its users.
A Google spokesman told that our focus is mainly on the delivery of digital rating for banks and other financial services. Rather than serving as a provider of these services under RIP Google plex.
Plex is a renowned name. It is a well known payments platform . Google took the decision after checking customer retention. There are other names as well in the list that might face a shut down by Google.
RIP Google plex sounds more like a way to help with organizations that have not yet had a modern and competent application, so it adapts to Google with one, which can be why the main names such as Bank of America and Capital One, What already their existing applications, were not on the list. of partners
Latest updates on RIP Google Plex
According to the magazine, a Citibank spokesman said he plans to recommend other accounts to the people who have already entered the waiting list Plex. The publication raises that the waiting list counted about 400,000 people, and that the pandemic plans outside the schedule. The magazine also noted that as late as this week several banks were under the impression that the project would continue to promote.
It’s all decided in advance
Although leaving the Plex brand, Google seems to follow in the financial services business. The spokesman said that We believe it is the best way for Google to help consumers gain better access to financial services and help financial services, which can connect the ecosystem more deeply with its clients in a digital environment.