Google Pay replaces Google Wallet in the US – User insights and preferences (2024)

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Google Pay replaces Google Wallet in the US – User insights and preferences? ›

Google Pay replaces Google Wallet in the US – User insights and preferences. In an update to the mobile payment sector, Google has announced it will discontinue Google Pay in the US by June 2024, transitioning users to Google Wallet.

If you had the Google Pay app, it may show as Google Wallet the next time you open it or you may get a notification to go to the Play store to update the app. You don't need to download it again. If you didn't have the Google Pay app, you'll need to download the Google Wallet app.

The app's discontinuation is part of a company strategy to simplify its digital payment options, by moving customers onto a more comprehensive solution — with Google Wallet storing digital items alongside payment cards and already boasting three times the user numbers of Google Pay.

You can use Google Pay for contactless payments in the US and Singapore. Learn how to tap to pay with Google Pay. You can use Google Wallet to make purchases with your Wear OS smartwatch in: Albania.

Google Wallet allows consumers to hold a wallet balance, send and receive money from friends in the United States, and use a plastic card in stores and online. Google Pay allows users to tap and pay in stores and use/redeem loyalty cards, gift cards, and offers in store.

Starting on June 4, 2024, the U.S. version of the Google Pay app is no longer available for use.

Google said that the planned move is to simplify its payments options. The company wants to shift users over to Google Wallet, which is vastly more popular than the Pay app (Google says it is used five times more in the U.S.). This story was updated on February 26th.

Changes to peer-to-peer payments: As of June 4, 2024, you will no longer be able to send, request or receive money from others through the U.S. version of the Google Pay app.

Cons of Google Pay

Not available in every region, and not all businesses accept it. Not compatible with iOS devices (Apple users can use Apple Pay instead). Only works if your phone does, so you should carry a physical card as a backup in case your battery dies.

What is the Google Pay controversy? ›

In a heated session at the Lok Sabha on Friday, NCP Member of Parliament Supriya Sule voiced apprehensions regarding popular digital payment platforms, labelling Google Pay and Phone Pe as "two ticking time bombs." Sule demanded transparency on governmental measures to curb potential money laundering activities ...

How do I pay with Google Wallet? Set up your Android phone for easy contactless payments. Just add your credit or debit cards to get started. When you're ready to pay, unlock your phone, hold it near the reader, and look for the check mark to know your payment has been accepted.

How safe is Google Pay? Google Pay protects your payment info with multiple layers of security, using one of the world's most advanced security infrastructures to help keep your account safe. When you pay in stores, Google Pay doesn't share your actual card number, so your information stays secure.

But while the proverbial sun is setting on Google Pay, parent company Alphabet Inc is replacing the aging stand-alone app with Google Wallet, a multifunctional digital wallet that can do many of the same things that Google Pay does and much more.

Google officially announced Google Wallet on May 11, 2022, at the 2022 Google I/O keynote.

“That said, professionals within the financial industry generally regard Google Pay as safe — certainly safer than swiping a card or keying in your information.”

Your cards may be removed from Google Wallet as a security precaution. Check if you: Turned off screen lock or changed to a screen lock that Google Wallet doesn't support, like Smart Unlock or Knock to Unlock. Haven't opened the Google Wallet app in 90 days or more.

The Gpay limit per day for money transfers for users in India is ₹1,00,000. Moreover, in 24 hours you can send money only a maximum of 10 times in GPay or any other UPI app. If you want to transfer more money or conduct a greater number of transactions, you will have to wait for the 24-hour time period to get over.

"We're updating the Spam and Minimum Functionality policy," Google said in a statement regarding the Play Store. "To ensure apps meet uplifted standards for the Play catalogue and engage users through quality functionality and content user experiences."