Google Pay: Google brings Android Pay and Google Wallet under single brand

Google Pay: Google brings Android Pay and Google Wallet under single brand

Google has announced that it is merging its Android Pay and Google Wallet into a new service called Google Pay. When you think about it, that wasn't a very versatile brand for mobile payments. While Google Wallet evolved into Android Pay, the service didn't make as much sense on Chrome OS.

This should make making purchases and payments through Google less confusing - if you've saved your payment information on your Google account, you don't have to worry which app to use to access that information, because it's all under Google Pay now. "Over the coming weeks, you'll see Google Pay online, in store, and across Google products, as well as when you're paying friends".

In a company blog post, VP of product management for payments Pali Bhat described this as more of a rebranding than a change to the underlying products or technology.

"Google Pay provides a simple, intuitive option for Fandango customers to speed through checkout with just one tap", said Mark Young, Fangando's senior vice president of global strategy and business development. This is because unlike in the West, India doesn't have to deal with "n" number of payments apps ala Google.

Built on the government-supported Unified Payments Interface (UPI), Tez allows users to make payments straight from their bank accounts.

Android Pay was primarily created to allow people to make simple and secure payments from their mobile phones. You also launched an India specific Payment app Google Tez. Android Pay was supposed to launch here at some point of time but then Google chose to launch a market-specific app called Tez here instead.

"Google has explored various ways of enabling digital payments since 2011 when it first released Google Wallet", he said. Over the past couple of years this payment service reached the UK, Singapore, Hong Kong, Poland, Russia and Canada among many other countries.

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