BEACON TRANSCRIPT – Google recently announced that it wants to make mobile payments even more simple by combining Android Pay and Google Wallet into a new brand named Google Pay.
In the last few years, paying with our phones has become something common. While some people still fear that it might not be as safe to pay with a credit card via your phone, other prefer it. Paying with the phone is seen as being more simple, useful, and secure.
The Details on Google Pay Still Rather Fuzzy
Because there are many services they can use, people are still confused about which mobile payment method to trust. To make online purchases easier, Google combined all of its payment methods and different apps into a new service, Google Pay. This way, people can use a single service.
At the moment, things are not totally clear about how this service will work. In a blog post, Pali Bhat, a Google executive mentioned that they are making this payment service more accessible and more consistent.
Based on the statement, it doesn’t seem like the payment methods will be any different. The only thing that should and is likely to change is the user experience.
Google Pay is going to be available both on Google Play and online. All Google products will have Google Pay enabled.
This latest service will also be available on different apps such as Instacart, Airbnb, and HungryHouse. What is not clear is if the service is going to be available on other websites and apps as well, and when.
An interesting thing is that people won’t have to create a new account. All of their credit and bank accounts will be switched to Google Pay.
Google assures its users that they would be able to pay just the way they did before. Instead, they’ll just have a new service that combines its other payment services, and which should make things easier.
Despite the fact that Google is going to combine all of its payment methods into Google Pay, there are other payment services like Samsung Pay, PayPal, and Walmart Pay available as well for those that chose not to use it.
Image Source: StaticFlickr