Android Pay makes a worthy upgrade to Google Wallet, however Google will still run a separate mobile payment wallet to Android Pay. Google Wallet is not gone. Existing Android Pay allows for in-store transactions and online purchases, whilst the improved Google Wallet holds a focus on per-to-person transaction. Google Wallet users will have to upgrade the app to Android Pay to take advantage of its many benefits and few features.

Android Pay & Google Wallet Individual Apps

Google Wallet users, wishing to utilize the mobile wallet functionality (not for mobile credit/debit card payments) are required to download a new, separate app.

Android Pay has made mobile payments using your credit or debit card extremely easy, taking away many of the unnecessary hindrances that were found in Google Wallet. In order to better help you understand the key differences between these two apps, let’s take a look each the features and highlights of both.

Android Pay Features

• In-App Mobile Payments
• Retail Partnerships – 100,000’s Stores across the US (Target, Starbucks, Coca-Cola)
• Dedicated Carriers – AT&T, Verizon and T-Mobile
• Enhanced Security – Devices with biometrics supply enhanced security features
• Simplicity – Tap, Pay, Done
• NFC Support
• Supports 11 US Banks
• Customer Rewards Points
• Android Only

Google Wallet Features

• 9{76ac33845123b25982ffda0eb6f606179ce899e677f3c86d035d7b9fa6b6d307} Service Fee Charger per Transaction
• Google Wallet Card (functions as MasterCard Debit Card)
• Supports any Debit Card
• $300 Withdrawal Limit per 24 hours
• Spend Limit Function
• Android & iOS

 

Great New Features

Along with the enhanced ease-of-use functionality, comes the support for NFC payments. Wireless payments via your phone from any NFC device. Android Pay had truly revolutionized mobile payment processing, bringing the best of Apple Pay, Samsung Pay and Google Wallet, to one hassle-free app.

It also has easy management of gift and loyalty cards, along with handling credit and debit cards. Apple Pay will notify you via a smartphone alert whenever you are in range of a store that supports payment via their medium. You can then, in addition to being able to pay, scan or manually add gift and loyalty cards.

 

Google Wallet Changes

Google Wallet has undergone a lot of changes. Google Wallet keeps is functionality of being able to send and request money from anyone using their email address. Google Wallet maintains its own balance, needing to be funded from a debit card. There is no credit card support.

Payments can be sent using your Google Wallet balance without any fees being charged. Users of Google Wallet can request a Google Card, which is a fully functioning MasterCard Debit Card which can be used in any store that supports MasterCard. ATM’s do charge a withdrawal fee so take care when drawing cash.

 

One App for Personal, One App for Business

Android play is a worthy successor to the old Google Wallet, removing the fuss of multiple lock-screens and streamlining your entire payment process. Android Pay comes with the added bonus of not being dependent on your network carrier.

You can use Android Pay in any country you want, with the app being tied to your device, not your network. Users are most likely going to begin to flock to Android Pay once smaller retail stores begin accepting NFC payments.

If your Android phone supports the platform, then you can already begin using Android Pay at many large retailers such as MacDonald’s, Macy’s and Starbucks, but to name a few. Google Wallet remains a good choice of payment processor for interpersonal payments.

Sending and receiving money without the risk of any additional fees being charged brings peace of mind and ease of use to private individuals. Both apps are outstanding payment processors, with two distinctly different function, one catering to business and the other to personal transactions.

What do you think when it comes to Android Pay vs. Google Wallet?