Google Pay exiting US market in June

Google aimed at simplifying Google's payment offerings by focusing on Google Wallet
An undated image of the Google Pay logo. — Google
An undated image of the Google Pay logo. — Google

Google has announced that it will discontinue the standalone Google Pay app in the United States on June 4, 2024, as part of its effort to consolidate its payment services. 

This decision is aimed at simplifying Google's payment offerings by focusing on Google Wallet, which has garnered significant popularity compared to Google Pay, boasting five times the user base across 180 countries.

Google Pay to remain in Singapore, India

While the standalone Google Pay app will be phased out in the US, it will continue to operate in Singapore and India to meet the specific needs of these markets. Google states that this move is intended to streamline its payment systems for both users and developers.

Although the Google Pay app will no longer be available in the US, essential functionalities such as payment management and in-store payments will still be accessible through Google Wallet. 

However, features like peer-to-peer (P2P) payments, balance management within the app, and finding offers and deals will be discontinued. Google recommends using the deals feature on Google Search as an alternative for discovering offers and deals after the shutdown.

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According to Gizmochina, users concerned about their balances in Google Pay will have the option to transfer funds to a bank account via the Google Pay website after June 4, 2024.

This transition represents another phase in Google's evolving payment ecosystem, which began with Google Wallet in 2011 and underwent changes with the introduction of Android Pay in 2015 and the merging of these services into Google Pay in 2018. 

With Google Wallet now taking precedence, it offers a broader range of functionalities beyond payments, including storing transport passes, state IDs, driver’s licenses, and virtual car keys, utilizing newer technologies like ultra-wideband (UWB) for enhanced compatibility.