Google has launched Google Wallet for Android users in India with the wallet app now available on the Google Play Store.
What Happened: The rollout is occurring in phases, allowing users to make contactless payments by securely tokenizing and storing debit and credit cards.
This process replaces the actual card number with unique codes or creates a virtual card. Additionally, Google Wallet is a digital wallet app — like Apple Wallet, capable of storing gift cards, gym memberships, event tickets, flight tickets, and more.
How is Google Wallet different from Google Pay?
Google Wallet differs from Google Pay, which facilitates UPI payments in India. Unlike Google Pay, Google Wallet focuses exclusively on contactless payments via credit/debit cards and requires smartphones with NFC support. Google will maintain both Google Pay and Google Wallet in India to meet the needs of different user groups, according to TechCrunch.
The Wallet app is also available for users with WearOS-powered smartwatches, enabling them to make contactless payments directly from their watches.
Android users can now download Google Wallet, add their cards and various passes, and manage settings to automatically add passes from Gmail. The app supports biometric verification for authenticating each payment.
Before its official Play Store release, several users reported successful functionality when sideloading Google Wallet. Samsung users can also access similar features through the Samsung Wallet app.
Read next: OpenAI Hires First Employee In India To Spearhead Discussions On AI Regulation
Don't miss a beat on the share market. Get real-time updates on top stock movers and trading ideas on Benzinga India Telegram channel.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.