Restart or switch payment platform Google Pay It became official a few days ago and we now know that the entire project can be called “Back to the Future”. In the next few days I will google wallet Coming back, integrating the payment platform as a part and offering many additional possibilities. But even here, Google is leaving the back door open.
We’ve already reported extensively here on the blog over the past few weeks about the major changes seen in Google Pay, and with the announcement on Wednesday it’s clear that all the doubts have been met. The previously known Google Pay will disappear and will be replaced by the new Google Wallet app with an update. You will then find a new icon on the home screen and in many other places and you will have to get used to a new app accordingly.
Google Wallet has a very different approach to Google Pay, but both the apps overlap so much in the payment area that they are combined with each other. This means that you can continue to pay as usual with your credit card stored in Google Pay, regardless of the app’s logo or name. This is also possible because the payment infrastructure is deeply embedded in Android and basically doesn’t need an app at all.
The change is necessary because Google lost with the Google Pay split, but also because of other developments. Many physical objects are being digitized from the wallet and stored on the smartphone. Some of that fits with Google Pay, like loyalty cards, but other things stored in it (listed below) don’t want to be pressed into the word “Pay.” In the “wallet” (wallet) that fit the most.
Google Wallet aims to digitize all the possible items in the wallet so that in the future you will only need your smartphone. This ranges from payment options to car keys to identity or vaccination certificates. Google has already announced the following things and promised more. They want to create ways for users to store things that Wallet doesn’t officially support. However, no details were given.
This can be saved to your Google Wallet
- credit cards
- Boarding Permits / Travel Tickets
- loyalty cards
- event tickets
- car key
- Student ID cards
- vaccination certificate
- Driver’s license (later this year)
- Hotel key (coming soon)
- Office badges (coming soon)
This is too much. Credit cards are also managed with Wallet, but using your smartphone to pay at the supermarket remains the primary task of Google Pay. In this way, both products remain in place, even if in most cases the user will only interact with Wallet. The following Twitter animation nicely summarizes how to configure Google Wallet.
Phone, keys … Google Wallet. Coming soon to Android, Google Wallet gives you fast and secure access to all your daily essentials – including payment cards, boarding passes, vaccine cards, event tickets, and soon even your driver’s license. #GoogleIO pic.twitter.com/BJXKbykaSw
– google google) May 11 2022
But that doesn’t mean Google is now cleaning up and has only one app worldwide again. Instead, there are still three different configurations, but at least we German-speaking users belong to the rest of the world this time, which is the absolute majority.
Google Pay will become a Google Wallet in almost every country in the world where Pay was previously possible to use. In the USA, on the other hand, Google Wallet and GPay will continue to exist in parallel. Apparently they are still pursuing some plans with GPay that can’t be squeezed into the wallet payment corset. The question is: If this works, will things soon change again in the rest of the world? A missed opportunity in my opinion. And India is another chapter of its own, because there is absolutely no wallet in the subcontinent.
It remains to be seen how successful this reboot will be. I can imagine many users won’t be excited about Wallet at first. Because by default they only have their credit card, which they suddenly need two apps to manage. But Wallet must also fill itself with reservations and tickets, accept customer cards and store other things. After a certain transition period, it may have been worth it, and Google is on the right track with Apple’s recipe in this area.
The move from Google Pay to Google Wallet is set to roll out globally over the next few weeks. Early users will very likely see it now or in the next few days.
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