Introducing Google Pay
One Payment System to Rule Them All
The Decipher Daily: January 8, 2018
Today Google announced Google Pay. A change in their online, in-store, and payment sharing system. Previously, Google created “Google Wallet” in 2011, a secure app that allowed users to pay in-store with a tap of your phone onto POS systems. It was fast, simple, and secure. Stores such as Walgreens, McDonalds, Macy’s and many more supported it initially. Watch my mom use Google Wallet in McDonald’s.
In 2015, Google made changes to Google Wallet adding the feature to send and receive money to and from friends and family. With that added feature, they took away the ability to may payments in-store and split the payment feature into a separate app called “Android Pay”.
Many were frustrated at this change because Google split what was once one app, into two. Now, Google is consolidating once again and joining Android Pay and Google Wallet back together to create Google Pay.
Personally, I think this is a great marketing and functionality move. As Apple and even Samsung consecutively have their own payment systems, Apple Pay and Samsung Pay, Google brings another option for consumers as more merchants begin to accept what’s now called “contactless payments”.
Question of the Day
Have you ever used a contactless payment system? If so, which? If not, why?
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