The changes, which will certainly apply pressure on competitors in the cloud storage marketplace, sees users being offered 100GB of Google Drive capacity for $1.99 per month, down from the $4.99 it was priced at last week.
The Drive storage is shared across Google Drive itself, Gmail, and for images larger than 2048x2048 pixels on Google+, with users continuing to have 15GB free, according to the Google Drive blog. Those looking for 1 terabyte of online storage can pay Google $9.99 per month for an allocation, a price cut of $40 from its earlier $49.99 price. Users requiring far larger capacities of storage can opt for 10TB, 20TB, or 30TB add-ons, priced at $100, $200, and $300 respectively.
Microsoft recently altered the cost of its service to include a monthly payment option, with allocations of between 50GB and 200GB priced at $4.49 and $11.49 respectively. Dropbox charges $9.99 per month for 100GB, $20 for 200GB, and $50 for 500GB. Both Microsoft OneDrive and Dropbox offer a yearly payment option that lowers the cost of storage, something Google does not currently offer customers.