Re:Google Pay app will no longer be available
by googlethrow11 on Thursday February 22, 2024 @10:32PM
(#39476638)
I do not have any insider information but chances of that happening are next to zero. The reason is pretty simple. P2P money movement is very expensive per transaction and does not generate revenue. It is typically a growth strategy. However Wallet app ships with the phone so growth problem is solved. Google would be happy if you use Venmo or something for P2P.
What's unclear to me, now as an outside, is whether or not Google is planning to migrate the actually useful features of gPay (p2p payments, payment/expense tracking, loyalty/discounts) to Wallet, or if Wallet is going to only host cards & handle tap-to-pay. I certainly hope for the former, and if they weren't going to that they'd have said so in the email.