Google has launched a new version of its Google Wallet app, called Google Wallet (New). The app comes with a redesigned UI and will be used for tasks such as sending money to others via an email address or making online purchases among other features.
The new Google Wallet app is said to rival other competitor services including Square Cash and Venmo, where the account is tied with a bank account or a debit card, letting users send money using the smartphone.
Cashing out money left in the Wallet, setting an amount to Wallet Balance, and keeping track of transactions, are some other features in the new Google Wallet app.
As for the old Google Wallet app, the company will be replacing it with its forthcoming Android Pay service, which was unveiled at the Google developer’s conference in San Francisco this year.
The old Google Wallet app listing on Google Play states,
“This app will be updated to Android Pay in the next few days. To send or receive money or manage your Wallet Balance, download the new Google Wallet.”
For now, both the old and new app versions exist on Google Play.
Android Pay is Google’s own mobile payment service that is a secure way to pay in stores, at terminals, etc. It competes with Apple Pay and Samsung Pay.
Download Google Wallet (New) for Android.