Google Wallet is the mobile payment app that's so close and yet so far. Were it not for its limitations on the Android side, it would be a strong contender for "Best App that Isn't Venmo." Boasting a simple interface, robust bill splitting abilities--well, for iOS users, anyway--and ability to send or receive cash from virtually anyone, Google Wallet checks most of the boxes when it comes to peer-to-peer payments, although we wish it would let you use a credit card rather than just debit cards. Google may be a hot company, but its Wallet app faces stiff competition. Check out the other mobile payment apps we reviewed.
Here are five things in technology that happened this past week and how they affect your business. In January, Google announced it was bringing Android Pay and Google Wallet together under the new Google Pay brand. Now the new Google Pay–branded app is available through Google Play. Those who already have the Android Pay app installed won't need to do anything; the app will show up as "Android Pay" on their phones. The transition is evidently still under way.
It was almost a foregone conclusion Google would launch its Android Pay service in the UK, but its latest blog post has confirmed it. The post also revealed which banks and shops will be among the first to offer the mobile payment tool, including Lloyds and Halifax, Boots, Aldi and Transport for London. However, the company has not revealed when Android Pay is expected to go live, instead it has just said: 'Stay tuned for more exciting details in the upcoming months!' It was almost a foregone conclusion Google would launch its Android Pay service in the UK, but its latest blog post has confirmed it. Earlier this year, rumours suggested the mobile payment service would launch at the end of March to rival Apple Pay - the proprietary service available on the iPhone.
Google Wallet is getting a pretty nifty update that makes it a more appealing option for money transfers. The latest version of the Android app will send money straight to your bank account, whereas previously you'd have to go in and manually move it over. This makes Google Wallet attractive for those times when you need to split the bill with a group of friends, as they can just text you money. According to the changelog, the update also includes the typical round of bug fixes and performance improvements. The story behind the story: Before there was Android Pay, Google's payment service was Google Wallet.