- Google is shutting down its Google Pay app in the U.S. on June 4, 2024. The payment infrastructure will still be available for ecommerce transactions and in-store tap-to-pay capabilities.
- The app will still be available in India and Singapore.
- Google is funneling users to Google Wallet, which U.S. consumers use 5x more than Google Pay.
Take a second to think about the last time you opened up the Google Pay app on your phone to make a payment or manage your digital payment cards…..
That may be the reason Google plans to shut down the U.S. version of its standalone Google Pay app. Starting June 4, 2024, users in the U.S. will no longer be able to access Google Pay. Instead, Google is funneling users to Google Wallet, which in the U.S. is used 5x more than Google Pay.
This move won’t impact the infrastructure of Google Pay– users will still be able to use the online payment system to checkout online or tap-to-pay in a physical brick-and-mortar store. Additionally, Google Pay will still be available to users in India and Singapore. In fact, Google said it will continue to build for the “unique needs” in those countries.
For now, here’s what U.S. users need to know:
- Users can view and transfer their Google Pay balance to their bank account using the app until June 4. After that time, users can transfer their funds using the Google Pay website.
- Users can access the offers and deals search capabilities within a new deals destination via Google Search.
- After June 4, users will no longer have the ability to send, request, or receive peer-to-peer money transfers from the U.S. Google Pay app.
Google made clear that just because the app is dissolving, Google Pay isn’t going away. In fact, the company says it has “invested in making payments as fast and seamless as possible — like improving Google Pay autofill in Chrome, making it easy to pay for public transit and expanding the types of passes you can store in Wallet.”
Google Pay last made fintech headlines in December of 2023, when the company announced it was partnering with Affirm and Zip to add BNPL options for users in the online checkout flow.
Photo by Deepanker Verma
Related