The new app is the company's attempt to unify all its payment services including Android Pay and Google Wallet into one brand, Google Pay, to make the payment experiences "simpler, safer and more consistent," the company said in a blog post last month.
For now, Google Pay isn't too different from Android Pay, aside from the new name and an interface redesign. Like before, the app lets you buy goods at participating retailers with your smartphone. It works by storing virtual versions of your payment cards and then transmitting the information to the point-of-sale terminal.
However, in the coming months, the new app will incorporate a key feature from Google Wallet: the ability to send and request money. The feature will first arrive in users in the US and UK, Google said on Tuesday. "In the meantime, the Wallet app is now called Google Pay Send, and we're giving it a fresh coat of paint to go with the Google Pay brand," the company added.
The new brand, which also goes by the name "G Pay," will also start popping up across Google's checkout processes, like when you buy a product through the Chrome browser or through the Google Play app store.
Google Pay will appear as an update to the existing Android Pay app. "Millions of places around the world" including retail stores and corner shops accept it, Google said, provided your phone supports near-field communication.
News Source: PC