- Google announced a standalone app “Google Wallet” in India for Android devices.
- Under this application, users are allowed to safely store their personal information such as loyalty cards, transit passes, IDs, and more.
- However, the company has clearly stated that the launch of Google Wallet will not impact its already popular UPI application, Google Pay.
- Initially, to start the app, Google has partnered with over 20 brands including PVR & INOX, Air India, Indigo, Flipkart, Pine Labs, Kochi Metro, and Abhibus for the rollout of Wallet.
- Although Google Wallet supports credit and debit cards globally, its Indian version will not support them.
Difference between Google Wallet and Google Pay
- Google Wallet is a ‘secure and private digital wallet’ that gives users instant access to payment cards, passes, tickets, and IDs shared on the app.
- On the other hand, Google Pay is a platform for users to manage their money and finances and send money to their friends and family.