The Google Pay app is dead

Re:The Google Pay app is dead by lxgr on Tuesday June 11, 2024 @09:17AM (#40645851)

Besides the hot mess that is Google's branding and app strategy for their (not only) payment-related products that I'm sure others will comment on:

I wonder what the business model was going to be here? Facilitating P2P payments in the US is anything but free, especially when done over card rails as Google Pay did, as far as I remember.

Were they sponsored by one or both of the networks initially (I vaguely remember hearing something about Mastercard Send, but that could have been Meta), and were they hoping they'd grow enough to keep those terms?

Were they hoping to find a business model along the way, maybe in combination with the abandoned banking project?

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Re:The Google Pay app is dead by ssmiler on Tuesday June 11, 2024 @09:33AM (#40646010)

Using (aka selling) transactions history is one

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Re:The Google Pay app is dead by kylebenzle on Tuesday June 11, 2024 @09:38AM (#40646049)

I will never understand why people prefer to sell their private data and pay to spend their own money rather than just use cryptocurrency.

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Re:The Google Pay app is dead by namlem on Tuesday June 11, 2024 @11:37AM (#40647530)

You still have to pay blockchain fees on crypto transactions.

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Re:The Google Pay app is dead by vel0city on Tuesday June 11, 2024 @09:54AM (#40646216)

Because when I go to the grocery store they don't usually take PEPE or WinDOGE98.

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Re:The Google Pay app is dead by immibis on Tuesday June 11, 2024 @09:54AM (#40646218)

Cryptocurrency gives that same data away for free, to everyone.

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