Currently, mobile devices account for just under 50 percent of ecommerce traffic, but when it comes time for users to purchase items online, nearly 77 percent of users do so exclusively on a personal computer instead. Mobile payments are a relatively new strategy that has the potential to greatly benefit online sales.
Available to anyone with a newer Android or Apple smartphone, Google Wallet gives users another fast way to make payments at ecommerce stores that accept it. The service is free for users and can store credit, debit, gift and loyalty card information. Users in India won’t see any chance – the app will remain as Google Pay.Google Wallet is a mobile payment system that acts as a virtual wallet, allowing users to make payments and transfer money straight from their phones. Meanwhile, Android users in the US and Singapore will keep both GPay and Wallet apps since the former is used for person-to-person payments and money-management tools are offered in these markets. The new Wallet app will come as an update to the current Google Pay app in most countries where Google Pay is available.
This change is reflected with the latest confirmation from a Google representative who confirmed to The Verge that Google “started rolling out the Wallet to Android users in 39 countries,” and is expected to reach all Google Pay users over the coming days. The change is to the name of the app, which is now Google Wallet. It would also come with a “rebranding” that doesn’t change the name of the payment service itself, “Google Pay” is still around and the name of the payment service. During Google I/O, plans were announced to add support to its digital wallet app for not only Digital IDs and car keys, but also digital office and hotel keys.
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