When comparing Google Wallet vs Google Pay, the main difference is that Google Wallet was primarily a peer-to-peer payment system that made it easy to send and receive money between friends and family. You may recall an app called Google Wallet, first introduced in 2011. This isn’t Google’s first product offering in this space. Google Pay, which pairs with the Google Pay for Business app for merchants, is a digital wallet businesses can use to accept payments from their customers in-store and online. After all, the more you simplify the checkout process, the more likely customers will complete their transactions.Īmong other things, providing customers with multiple payment options is key so they can pay for goods and services using the method that works best for them. Making it easier for customers to purchase is a goal of every business.
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