Google Wallet has been officially launched in India. It will work as a digital hub to store all your essential documents, like boarding passes, movie tickets, student IDs, etc. It is for non-financial needs and will co-exist with Google Pay in India.
Google Wallet has been officially launched in India. The new wallet from Google can be downloaded from the Google Play Store; however, several people are confused about its usage and whether it is going to replace the already popular Google Pay app in India.
The Google Wallet can be used for booking movie tickets, quick access to boarding passes, and loyalty cards, among several other features. If you are also confused between Google Wallet and Google Pay, read ahead, as here is everything you need to know about the new Google service and the key differences between them.
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What is Google Wallet?It is an Android-exclusive app by Google that claims to provide a secure and convenient hub to store digital data like boarding passes, store rewards, tickets, student IDs, and much more. The company boasts the idea of reducing the hassle of carrying all the physical copies and wallets and instead providing easy and quick access to the documents in one place.
Difference between Google Wallet and Google PayThe Indian version of the Google Wallet is different from the rest of the world, as it cannot store banking details or make payments in India. Google Pay will remain the payment and transaction platform in the nation.
Google Pay is primarily used for UPI (Unified Payments Interface) transactions with businesses or individuals. It is an app that is required for financial transactions and needs.
Whereas, Google Wallet is for non-financial needs and is a digital hub to store your essential items. The term 'Wallet' is confusing several users in India, but the company has decided to keep both of them co-exist with different functions and features.
Google Pay users use UPI IDs to make online transactions, while Google Wallet has debit or credit cards as digital payment options.
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