India sees launch of Google Wallet app, distinguishing it from Google Pay
Google debuts Google Wallet in India, offering secure storage for store cards, tickets, passes, and IDs. It won't impact Google Pay UPI app
Google has unveiled its digital wallet app, Google Wallet, in India, enabling users to securely store private information like loyalty cards, transit passes, and IDs.
However, the tech giant assures that the introduction of Google Wallet won't impact its popular UPI app, Google Pay.
How Google Wallet Differs from Google Pay:
Google Wallet, labeled as a 'secure and private digital wallet,' offers swift access to payment cards, passes, tickets, and IDs shared within the app.
In contrast, Google Pay serves as a comprehensive financial management tool, facilitating money transfers, rewards earning, and expenditure insights.
Ram Papatla, GM & India Engineering Lead, Android at Google, emphasized Google Pay's continuity, stating, "Google Pay is not going anywhere. It will remain our primary payments app. Google Wallet is specifically tailored for non-payment use cases."
Utilizing Google Wallet in India:
Pre-installed on Pixel smartphones, Google Wallet is accessible to all users via the Play Store for card storage. However, the app won't extend to wearables, as confirmed by the California-based company.
Partnerships and Launch Details:
At launch, Google announced partnerships with PVR INOX, Flipkart, Air India, Shoppers Stop, and Ixigo, among others.
Google Wallet's Evolution:
Originally introduced in 2011, Google Wallet merged with Android Pay in 2018, forming Google Pay. Notably, Google previously launched Google Tez, a separate UPI payment app for India, later rebranded as Google Pay. In 2022, the global Google Pay app was renamed Google Wallet.