In the digital era, online payment solutions have become an essential part of our lives. Google Wallet, a secure and convenient mobile payment system, has revolutionized the way we make transactions.

This article provides an in-depth exploration of Google Wallet, highlighting its differences from GPay, its origins, key features, and a step-by-step guide on how to use it.

What is Google Wallet?

Google Wallet is an electronic payment system that enables users to securely make payments and send money using their mobile devices.

Acting as a virtual wallet, it stores credit and debit card information, loyalty cards, and even gift cards. With Google Wallet, users can make purchases in stores, online, and send money to friends and family.

When and how did Google Wallet start after GPay?

Google Wallet was first introduced in 2011 as a collaboration between Google, Citibank, Mastercard, and Sprint. Its aim was to simplify the payment process by linking users’ credit or debit cards to their Google accounts.

Initially, Google Wallet utilized Near Field Communication (NFC) technology, enabling contactless payments by tapping smartphones on compatible payment terminals. Over time, it evolved to include other payment methods, such as email and phone number-based transfers.

How is Google Wallet different from GPay?

GPay, formerly known as Google Pay, is Google’s unified payment platform that encompasses various payment services, including Google Wallet. While it primarily focuses on peer-to-peer transactions and online payments, GPay offers a broader range of payment options.

GPay allows users to make payments at physical stores using Near Field Communication (NFC) technology, make in-app purchases, and store boarding passes and event tickets.

Key Features of Google Wallet

Peer-to-peer Payments

Google Wallet allows users to send and receive money from friends and family effortlessly. It simplifies bill splitting, repayment of borrowed money, and contributions to group expenses.

Online Payments

With Google Wallet, users can make secure online payments by selecting the payment option at checkout. This eliminates the need to repeatedly enter credit card information, streamlining the online shopping experience.

Loyalty and Gift Cards

Google Wallet enables users to store loyalty cards, reward points, and gift cards within the app. This eliminates the need to carry physical cards, enhancing convenience and ensuring users never miss out on rewards or discounts.

Enhanced Security

To protect users’ financial information, Google Wallet employs multiple layers of security. These include encryption, fraud protection, and the option to set a required PIN for transactions.

How to use Google Wallet

Download the App

Google Wallet is available for both Android and iOS devices. Simply download the app from the respective app stores.

Account Setup

Follow the on-screen instructions to create an account. You may need to link your credit or debit cards to your Google account.

Add Cards and Loyalty Programs

Enter your card details and loyalty cards into the app either by scanning them or manually entering the information.

Make Payments

To make in-store payments, unlock your device and hold it near an NFC-enabled payment terminal. For online payments, select the Google Wallet option at checkout.

Send Money

To send money to friends or family, select the “Send Money” option, enter the recipient’s email address or phone number, and specify the amount.

By following the simple steps outlined in this article, you can easily set up and use Google Wallet to simplify your payment processes.