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Pay Up! Google Wallet vs Google Pay: The Ultimate Showdown

Comparing Google Wallet vs Google Pay: What’s the Difference
Pay Up! Google Wallet vs Google Pay: The Ultimate Showdown
Written By:
Samradni
Published on: 

If there are two aspects of digital payments that might raise questions, they are Google Wallet and Google Pay. Both are Google's products targeting a similar audience, but they serve different purposes. It is essential for anyone engaging in online transactions to understand the features and differences between the two. Let's break it down.

What Is Google Wallet?

Google Wallet is a neat electronic mobile wallet that can be used as a primary storage space for payment cards, loyalty cards, and event tickets. 

Initially launched to make payments easier, Google Wallet is meant for digitized users who need storage for multiple cards, as it offers reliable digital payment apps. Apart from payments, it stores vaccination records and travel passes, thus making them versatile.

According to Google, mobile wallets are now used in over 45 countries, which makes sense as they continue to gain popularity.

What Is Google Pay?

Well, Google Pay is all about real-time digital payment apps. One could use it for shopping online, paying the bills, or just sending a few bucks to a friend, all without a thought of a slowdown.

So, it has integrated into all other Google services, such as Play Store and Youtube, and has made it an easy choice for everyday Google users. Statista's latest survey indicates that in 2022, Google Pay will have access to more than 150 million users worldwide, thus making it one of the most popular digital payment platforms. Google Pay is a mobile wallet and contactless payment app created by Google that allows users to make safe and easy payments on their mobile devices in third-party apps, websites, and stores. Google Pay can be easily integrated with other services from Google, such as Gmail and Google Maps, to achieve a seamless and more comprehensive experience.

Google Wallet VS Google Pay 

1. Purpose

Google Wallet is indicative of secure payments. 

The system only saves it to hold the monetary and ID credentials. 

On the other hand, Google Pay has been slated for real-time transaction or payment use.

2. Availability

The wallet is global, but features like public transit passes are area-based. 

With each country having a different degree of service, Google Pay is available in more than 40 countries worldwide. 

3. Integration

Managing credentials is Google Wallet's main concern. However, integration between digital payment apps and sites is usually bundled for secure payments, making it good for shopping and transferring money.

So, in the debate of Google Wallet vs. Google Pay, both apps have their pros and cons.

Which one is Better?

The choice between Google Wallet and Google Pay will depend on the needs. As people are always on the go and pay, Google Pay is the best and easiest option. Google Wallet prefers to organize safe-keeping cards.

A New Dimension of Digital Payment

It’s quite clear that Google's continued investment in Wallet and Pay is driving a paradigm shift in digital payments, leveraging cutting-edge technologies like dynamic NFC and rewards to streamline transactions, enhance security, and foster a more efficient, cashless economy.

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