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undergroundnewsroom.com April 26, 2018


Google Unifies Its Payment Platforms, Introduces Google Pay

11 January 2018, 08:09 | Clyde Nash

Google Unifies Its Payment Platforms, Introduces Google Pay

Google Unifies Its Payment Platforms, Introduces Google Pay

Google delighted fans today by announcing that Android Pay and Google Wallet would be combined and subsequently replaced by Google Pay.

In a blog post, Pali Bhat, VP of Product Management, Payments said, "With Google Pay, it'll be easier for you to use the payment information saved to your Google Account, so you can speed through checkout with peace of mind".

Bhat says Google Pay is already available on Airbnb, Dice, Fandango, HungryHouse, Instacart, and other apps and websites.

Amazon, Barnes and Noble and Kobo will likely adopt Google Pay within their Android apps in the coming days, but e-reading apps issued by major publishers will likely take longer.

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But the new system Google Pay brings all this under one umbrella, which the company says should make buying and paying through Google much less confusing.

Built on the government-supported Unified Payments Interface (UPI), Tez allows users to make payments straight from their bank accounts. For the rest of the things like Google's own app such as YouTube or Google Play, you will be able to sign-up for new subscriptions or buy apps using a single Google Pay account. The existing Android Pay users will receive an update with Google Pay features and logo change. Google Pay aims to make it simpler for global users to pay for different services online. Unsurprisingly this has led to confusion and fragmentation. Also falling under Google Pay is Google Check out, the web-centric PayPal competitor. After years of brainstorming - Google finally has had the genius idea of unifying both these platforms under a single brand.

Android Pay was primarily created to allow people to make simple and secure payments from their mobile phones. This is because the number of people using credit cards as well as NFC-enabled smartphones is less in India, thereby making Tez a more accessible and useful option as compared to Android Pay.



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