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This should be the canonical answer pasted to the top. You forget to mention the head of Tez was actually based in Singapore, though, and Singapore was the one
by eitally 3y ago
This should be the canonical answer pasted to the top. You forget to mention the head of Tez was actually based in Singapore, though, and Singapore was the one other country that was eligible for the "new" gPay.
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.
- googlethrow11 3y agoI 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.