Published: Thu, January 11, 2018
Sci-tech | By Eric Barnett

Google puts its brand behind payments

Google puts its brand behind payments

The newly introduced itself is the combo of Android Pay and Google Wallet services.

With this new system, your payment information will be saved in your Google account and will then be available to use everywhere you use Google products.

Early adopters of the service include Airbnb, Dice, Fandango, HungryHouse, and Instacart. Enter Google Pay, a solution to make cash payments easier and more efficient for users. The company will add more websites and stores in the coming weeks.

"We look forward to working with Google as they grow this exciting new payment platform".

How does all of this affect Google Tez, the UPI based payments platform that Google has pushed in India? You also launched an India specific Payment app Google Tez.

Google Combines Google Wallet and Android Pay to Launch Google Pay
Google brings Android Pay and Google Wallet together under Google Pay banner

Tez at present uses the Unified Payments Interface which is an interoperable payment system. Now, Google is streamlining all of its payment methods and apps into a single service called, you guessed it, Google Pay.

Yesterday, in an official post, Google said that it was bringing together all of its projects and activities it has around digital payments under the roof of a single brand. Unsurprisingly this has led to confusion and fragmentation.

In a blog post Pali Bhat, Google's vice president of product management for payments, described the move as more of a rebranding than a change to products or technology. Also falling under Google Pay is Google Check out, the web-centric PayPal competitor.

Google Pay will work just like Android Pay in stores, and you will start seeing "Buy with Google Pay" or "Pay with Google Pay" buttons on sites that start supporting Google's new payment platform.

"Google has explored various ways of enabling digital payments since 2011 when it first released Google Wallet", he said.

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