Google Wallet will be revised after Android Pay launch; new app will have limited function

Google Wallet will be revised after Android Pay launch; new app will have limited function
Google's introduction of Android Pay allows Google to step up in the mobile payment arena, allowing it to battle Apple Pay and Samsung Pay. While the capabilities of Android Pay are essentially the things that Google Wallet does now, Android Pay does them better and easier. So Google Wallet is being revised as a new app, compatible with both Android and iOS, with pretty much a limited function.

The new Google Wallet app will allow users with a debit card to send or receive money for free, even if the other side to the transaction doesn't have the Google Wallet app installed on a mobile device. The whole process is said by Google to take minutes. The money you receive can be sent to your bank account or your Google Wallet card, from where it can be spent in stores.

By turning Google Wallet into a one-trick pony, Google is basically putting all of its faith in Android Pay as its full-featured mobile payment system. Three out of the top four carriers in the U.S. have already aligned themselves with Android Pay and banks and credit card networks are following suit. Did Google get mobile payments straightened out once and for all? While the Magic 8 Ball might say "Outlook good," we probably won't have a definitive answer until next year's I/O.

source: +GoogleWallet via AndroidCentral

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8 Comments

1. vincelongman

Posts: 5677; Member since: Feb 10, 2013

Google Wallet needs an international release (or Android Pay) Its been ~4 years now

6. SitiNurbaya0

Posts: 153; Member since: May 22, 2015

It would be cool if I can use this in Indonesia

8. waddup121 unregistered

wooot

2. KINGJUAN27

Posts: 210; Member since: Jul 02, 2012

Google Wallet sounds much better than Android Pay. What's with the hype with the "pay" word? And yes it needs a global release!

3. XperiaFanZone

Posts: 2277; Member since: Sep 21, 2012

Just for marketing and recognition. Fortunately for the Apple fans, they can go crazy even about copying the name while most Android fans just make a straight face when Apple copies features from Android since this has been happening a lot. And F pa's comment system where you can't post while on mobile data.

4. BobbyBuster

Posts: 854; Member since: Jan 13, 2015

Ditching consumers.... again?

5. Ordinary

Posts: 2454; Member since: Apr 23, 2015

You are becoming android fanboy by posting on android articles only. Keep calm aka dont wet yourself.

7. thegodfather

Posts: 23; Member since: Nov 27, 2013

Google combined with a smart credit card, That would be the end and a true game changer. They should have done that years ago, my Google wallet card is just laying around.

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