Google Wallet vs. Google Pay: Understanding the key differences
Google announced the launch of Google Wallet in India, offering users a secure platform to store private documents like IDs, movie tickets, and boarding passes. Despite this new addition, Google Pay will continue to operate independently in the country.
Unlike the international version, the Indian Google Wallet cannot store bank cards or facilitate digital payments. Instead, it focuses on storing gift cards, gym memberships, event tickets, and flight tickets. Google has partnered with over 20 brands, including PVR & INOX, Air India, Indigo, Flipkart, and Pine Labs, with plans to add more partners in the future.
On the other hand, Google Pay remains a popular UPI service in India, enabling users to conduct transactions, check balances, and track spending patterns. The company assured that Google Wallet will complement Google Pay, emphasizing that both apps will coexist to cater to different needs in the market.
As of now, Google has not disclosed any integration plans for Google Wallet into Google Pay. Users can download both apps from the Play Store to enjoy their distinct features and functionalities.
In conclusion, while Google Wallet focuses on document storage and partnerships with brands, Google Pay continues to be the go-to app for digital payments and financial transactions in India. Both platforms aim to enhance user experience and provide versatile solutions for diverse needs.