Could Google Wallet be set for a shock return?

Date:
Tue, 19 Apr 2022 13:04:48 +0000

Description:
Android payments could soon get a familiar name as Google Wallet teases return.

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Google could be reviving its old Google Wallet brand name as a new home for Androids contactless payments.

According to a tweet by Mishaal Rahman, Senior Technical Editor at Esper ,
the new portal would provide users with access to payment cards, loyalty cards, and more all in one place, including the likes of passes across travel and entertainment.

Rahman said the user interface will sit within Google Play Services, and included several screengrabs showing how the new service would look, suggesting the new Google Wallet will be able to pull tickets and passes directly from a users Gmail account, much like Google Pay is able to. (Image credit: Mishaal Rahman / 9to5Google) Back to its roots

Googles payment offering currently consists of a standalone app Google Pay in most of the world, including the UK, and GPay in certain countries such as
the US, Singapore, and India.

Google Wallet was initially launched in 2011 as a near-field communication (NFC) payment app, before being combined with Android Pay in 2018 to form Google Pay.

First spotted in early April 2022, the search giants new icon for the Google Wallet project makes use of its typical green, yellow, red and blue palette, just like the company's other mobile apps such as Gmail , Drive and , Meet . However, unlike GPay, the new logo looks like it omits the G next to the word Pay. Read more

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The news comes after Google parent company Alphabet appointed ex-PayPal executive Arnold Goldberg to the helm of its payments division, after the company axed its plans to offer consumers Plex bank accounts in October 2021.

Bill Ready, Googles president of commerce, told Bloomberg at the time that it sought to become the connective tissue for the entire consumer finance industry, not just certain partners.

Googles annual developer Google I/O 2022 conference is coming up on May 11, 2022, so we may see and hear more about the new service then, along with a host of other new offerings. Add multiple payment options to your online
store with the best payment gateways

Via 9to5Google



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Link to news story: https://www.techradar.com/news/could-google-wallet-be-set-for-a-shock-return/


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