Google explicitly says that this change is merely cosmetic and the systems' overall functionalities will remain unchanged, which should be a sign of relief for those who are used to things happening a certain way. That changed in 2015, when Google made a decision to spin off the tap-and-pay portion of the service into Android Pay.
This all-new Google Pay branding was unveiled at the Consumer Electronics Show 2018 event being held in Las Vegas.
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With this new system, your payment information will be saved in your Google account and will then be available to use everywhere you use Google products. In the announcement from Pali Bhat, VP of Product Management, Payments for Google, he notes that the company has been working to make purchasing experiences "simpler, safer, and more consistent".
Like the distinction between Google's similar instant-messaging apps Allo and Duo, or the repurposing of Google Hangouts into a business-focused communications tool, the line drawn between Google Wallet and Android Pay was confusing, unnecessary, and probably posed a setback to brand adoption. Those include Airbnb, Dice, Fandango, HungryHouse and Instacart. Android Pay, Google Wallet, and transactions on the web are some of the areas that will shift over to Google Pay over the coming weeks.