Google Wallet has been around for about seven years since it was released in May 2011 and it was Google’s go-to for mobile payment processing. You could load your cards into the app then use your NFC equipped phone to make a purchase at stores without even reaching for your wallet. This app would also allow sending money to other Gmail users. While it wasn’t without its drama, it was definitely a very cool idea. Considering it was out before Apple’s and Samsung’s iterations, it seems to have been a bit of a trendsetter.
In February 2015 Google announced their acquisition of Softcard which was actually a joint venture between AT&T, T-Mobile, and Verizon to process mobile payments using NFC (sound familiar?). During Google I/O at the end of May 2015, Google announced Android Pay. With this announcement, Google said they would be transferring their mobile payments to Android Pay. Google Wallet would still handle the sending of money through Gmail and purchases on the Play Store.
Congratulations it’s a…Google Pay
At the beginning of the year, Google did announce that Google Wallet would merge with Android Pay. As of Feb. 20, it looks like that will finally become reality. If you are one of the people that use both this will be nice since everything will now be in one spot. Even better Google wants to take it a step further.
The app, which begins rolling out today, is just one part of everything we’ve got planned. We’re currently working on bringing Google Pay to all Google products, so whether you’re shopping on Chrome or with your Assistant, you’ll have a consistent checkout experience using the cards saved to your Google Account. We’re also working with partners online and in stores, so you’ll see Google Pay on sites, in apps, and at your favorite places around the world.
Since the merchant never actually sees your credit card number hopefully this will cut down on all these companies having data breaches. Theoretically, it should at least give you a little peace of mind if/when there is another data breach. Google says your Android Pay app will update to Google Pay when it is available. At the time of this writing, it has yet to update on my Galaxy S8. I would imagine it will roll out to Pixel devices first. Looking through some of the newest reviews it doesn’t seem like it is on many devices yet.
Have you gotten the update and been able to use it on your phone yet? Let us know in the comments!