(Source: ECI/ABP News/ABP Majha)
Google Wallet Has Nothing To Do With Payments. Here's How It Differs From Google Pay
While Google Wallet focuses on securely storing various credentials and passes, Google Pay continues to serve as a comprehensive platform for managing finances.
Google has announced the launch of its new digital wallet application, Google Wallet, in India. Now, you might imagine that given the name, Google Wallet is a secure app where you can store your money. Well, not really. It's just a wallet for important documents such as tickets and passes. In fact, Google itself has clarified that the rollout of Google Wallet will not affect its already popular UPI app, Google Pay (or GPay).
While Google Wallet focuses on securely storing various credentials and passes, Google Pay continues to serve as a comprehensive platform for managing finances.
So, in a nutshell, Google Wallet will help you store passes and personal data, and will not help you make UPI payments or transfer money.
If we have to draw a comparison, Google Wallet is a direct rival to Apple Wallet. Apple Wallet also is a digital wallet which stores your air tickets, passes, card details, and similar stuff.
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How To Download Google Wallet On Your Phone
To download Google Wallet, users can follow a few simple steps:
- Open the Google Play store app.
- Look up Google Wallet
- Click on Install and you're set
It's worth noting that upon installation, Google Wallet will require certain app permissions to securely store passes and tickets, akin to the functionality of Apple Wallet.
Whenever you download compatible tickets or passes, they will get automatically added to the Google Wallet app. When you need them, you can quickly open the passes on the app and the related QR codes will pop up on a brightened screen to help scanning processes.
Google said that Google Pay will continue functioning as earlier, and you can continue using it to make UPI payments or transfer money to your contacts.
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Secure Your Data
Google Wallet includes 2-step verification, which is a vital layer of defence against unauthorised access, along with features like Google's own Find My Phone and remote data erase, which empower users to locate their devices and wipe sensitive information remotely in case of loss or theft.
One of the key highlights of Google's security strategy is its emphasis on user choice and control. By allowing users to customize the information they share across different products, Google ensures that individuals can tailor their digital experience according to their preferences while maintaining their privacy.