Called Google Pay, the service will provide the same feature set as users already experience when paying for things with their Android phones.
Pali Bhat, VP of product management, Payments at Google says that this new brand will save users' payment information in the Google Account for an easy checkout. Google says you'll see Google Pay everywhere in the coming weeks, and it's already accepted on sites like Airbnb, Dice, Fandango, HungryHouse, and Instacart. While the Android Pay branding will switch over to Google Pay and the Google Wallet app will likely get a redesign and a new icon (or perhaps it will become integrated into a single Google Pay app), all of your saved credit card and banking accounts should seamlessly make the move.
In a blog post, the company mentioned that they've worked hard to make shopping experiences, "experiences simpler, safer, and more consistent".
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Google has announced it's creating a more unified way of paying for things online and in-store. Google Checkout was Google's PayPal competitor. As like before, the new service also supports developers with a publicly available API access. So we will have to wait and see what's in store for us next.
Google is looking to go head-to-head with Apple and Samsung by simplifying and streamlining all its payment services into one united platform. A report by Arstechnica points out that this is Google's fifth payment brand. Did you pay it any attention? Google Wallet was the first NFC payment system for smartphones, and later it was rebranded to Android Pay with the Wallet sticking around as a P2P payment system. Let us know by leaving your comments down below, or on Google+, Twitter, or Facebook.