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Google Sets Different Path for Google Wallet

May 29, 2015, 7:48 AM by Eric M. Zeman

Soon after announcing its new mobile payment service called Android Pay, Google set about clarifying its position on Google Wallet moving forward. The company is working on a new version of Google Wallet that's set to arrive later this year. According to Google, it intends to let the service live on for making peer-to-peer payments. "The new app will allow anyone with a U.S. debit card to send and receive money for free within minutes — even if the other person doesn't have the app. The money you receive can either be directly sent to your bank account or it can be spent in stores using the Google Wallet card," explained Google in a blog post. Google said the revised Google Wallet app will be made available to Android and iOS devices, and can be accessed from the web. Android Pay, on the other hand, powers tap-and-go mobile payments at 700,000 retail locations around the country. Android Pay began life as Softcard/Isis and was developed by AT&T, T-Mobile, and Verizon Wireless. Google purchased Softcard's assets from the carriers in February. Like Apple Pay on the iPhone, Android Pay requires NFC and an associated credit card in order to make payments. Google said it will have more details regarding Google Wallet in the months ahead.

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Pink Jazz

May 29, 2015, 10:19 AM

All Android Phones? Really? What about the Galaxy Note 3?

It seems that the report says that Android Pay will support all Android phones running KitKat or later. Really? Will the Galaxy Note 3 be supported? After all, the Galaxy Note 3 (except for Sprint's version) was incompatible with Google Wallet's Tap and Pay feature due to the NFC chip's drivers not supporting it, since at the time it was sold AT&T, Verizon, and T-Mobile were pushing Softcard.

It appears that like Google Wallet, Android Pay will use HCE instead of a Secure Element. I wonder how would they support the Galaxy Note 3.

PDXMatt

The Note 3 was updated to Lollipop, yeah? You should be able to use Google Wallet now if it's running Lollipop. The Lollipop update effectively killed Isis/Softcard.

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