Get All Access for $5/mo

All About Google's New Wallet App That's Launched In India India now has the new Wallet app from Google, which it announced on Wednesday. Google Wallet serves as a central location for customers' everyday essentials by storing tickets, cinema tickets, loyalty cards, and digital auto keys.

By Entrepreneur Staff

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

Unsplash

India now has the new Wallet app from Google, which it announced on Wednesday. Google Wallet serves as a central location for customers' everyday essentials by storing tickets, cinema tickets, loyalty cards, and digital auto keys. It is essentially an app to store digital information.

At a press conference in New Delhi, Google's Ram Papatla, General Manager and India Engineering Lead for Android, stated, "We've focused on just making sure the journey from paper to digital is seamless." To start, Google has brought on 20 partners, including BMW, MakeMyTrip, PVR Inox, Air India, and Shoppers Stop. In the future, more partners will be added.

However, in India, Google Wallet will be used for non-payment uses. That means Google Pay, a digital wallet and payment platform from Google, will coexist alongside the Wallet app in India. "Google Pay is not going anywhere," Papatla said. "Google Pay is our primary payments use case and it solves all payment needs in India. Wallet is specifically tailored for non-payment use cases."

The newly released Google Wallet software ought to be accessible for download right now if you use an Android device. It is not in Google's intentions to release the Wallet app for the iPhone.

With more than a decade of existence, Google Wallet has undergone numerous modifications. Google Wallet was the company's first mobile payment program, released back in 2011. It let Android users pay at specific stores by tapping their compatible phones against readers. But it was limited to using it with the Nexus phone.

Android Pay took over as Google Wallet's replacement in 2015. Google stated in 2018 that Google Wallet and Android Pay would merge to form Google Pay. Peer-to-peer internet payments and contactless payments in-store were combined into one app with this service.

India is a significant market for search, payments, and apps, according to Google. In fact, Google's Android mobile operating system powers over 97% of all cellphones in India.Google has no plans to monetise the Wallet app in India, at least for now.

Entrepreneur Staff

Entrepreneur Staff

Editor

For more than 30 years, Entrepreneur has set the course for success for millions of entrepreneurs and small business owners. We'll teach you the secrets of the winners and give you exactly what you need to lay the groundwork for success.
News and Trends

Indigrid Technology and Hour4u Raise Early-Stage Funding

Here are the Indian startups that announced early-stage funding rounds.

Growing a Business

He Immigrated to the U.S. and Got a Job at McDonald's — Then His Aversion to Being 'Too Comfortable' Led to a Fast-Growing Company That's Hard to Miss

Voyo Popovic launched his moving and storage company in 2018 — and he's been innovating in the industry ever since.

Starting a Business

I Left the Corporate World to Start a Chicken Coop Business — Here Are 3 Valuable Lessons I Learned Along the Way

Board meetings were traded for barnyards as a thriving new venture hatched.

Business News

Joey Chestnut Is Going From Nathan's to Netflix for a Competition 15 Years in the Making

Chestnut was banned from this year's Nathan's Hot Dog Eating Contest due to a "rival" contract. Now, he'll compete in a Netflix special instead.

Health & Wellness

Get a Year of Unlimited Yoga Class Downloads for Only $23 Through June 17

Regular exercise has been proven to increase energy and focus, both of which are valuable to entrepreneurs and well-known benefits of yoga.

Business Culture

Why Remote Work Policies Are Good For the Environment

Remote work policies are crucial for ESG guidelines. Embracing remote work can positively impact your business and employees.