New post Need visibility? Apply for a FREE post for your Startup.  Apply Here

News

Google to shut down Google Pay and consolidate payment services under Google Wallet

1 Mins read

Google has announced it will be shutting down its Google Pay app on June 4th, 2024. The move comes as part of an effort to consolidate the company’s payment services under Google Wallet.

Google Wallet, which allows users to store debit and credit cards for contactless payments, was introduced in 2022. According to Google, it has seen five times the number of users compared to Google Pay. Beyond just payments, Google Wallet can also hold public transit passes, event tickets, vaccine cards, driver’s licenses, and other digital IDs.

Once Google Pay shuts down, users will no longer be able to send or request money from friends and family through the app (Peer-to-peer payments were a key feature of Google Pay). Users will have until June 4th to transfer any funds from their Google Pay accounts to their bank accounts. After that date, the app will cease functioning.

Google Pay first launched in 2015 under the name Android Pay before being rebranded in 2018. Over the years, Google’s approach to mobile payments has been fragmented across multiple apps including Google Wallet, Android Pay, and Google Pay. The company now appears to be simplifying its offerings for consumers by focusing on Google Wallet.

Read also: Neuralink patient can control computer mouse with thoughts, says Elon Musk

The shutdown only applies to the U.S. version of the app. Google Pay will continue to be available in countries like India and Singapore – where the company says it serves “unique needs.”

While Google Pay is going away in the U.S., the Google Pay website will remain active. Users can utilize the website after June 4th to manage any remaining funds left in their accounts and transfer them to their bank.

The end of Google Pay marks the latest product shutdown for Google. The company recently discontinued its cloud gaming service Stadia and AI chatbot service AI Test Kitchen. As Google Wallet gains traction, eliminating Google Pay allows the company to focus resources on its primary payment app.

Don’t miss any tech news ever!

We don’t spam! Read our privacy policy for more info.

795 posts

About author
When I'm not reading about tech, I'm writing about it, or thinking about the next weird food combinations to try. I do all these with my headphones plugged in, and a sticky note on my computer with the words: "The galaxy needs saving, Star Lord."
Articles
Related posts
ArticleNewsNow you knowRandom

MTN Nigeria Set To Operate As TechCo

1 Mins read
The South African-owned Telecommunications company MTN forayed into Nigeria’s telecommunications space in 2001. Since its entrance, the company has grown so large…
News

Instagram influencer's crypto scam: Jay Mazini sentenced for $8m ponzi scheme

2 Mins read
There has been a lot of news and updates about different people masking as experts in financial fields just to gain access…
News

Spotify vs. Apple Heats Up: Music Streaming Giant Denied App Update Over EU Pricing Transparency

2 Mins read
The ongoing battle between Spotify and Apple over user data and app store practices has taken a fresh turn. Spotify on Thursday…
Newsletter Subscription

🤞 Don’t miss any update!

We don’t spam! Read more in our privacy policy

Join our Telegram channel here - t.me/TechpadiAfrica

Leave a Reply

×
Random

12 Random Lessons on How to Build a Successful YouTube Channel: Insights from a Successful YouTuber