Google processes $XXXB payments a year. This means they have their own internal Stripe like payment processing system which serves almost like an independent co

Google processes $XXXB payments a year. This means they have their own internal Stripe like payment processing system which serves almost like an independent company to Google's various internal products. Google Wallet is an Android only feature which was possible because of NFC etc. Its primary purpose was to seek parity with Apple Pay. This team can be seen as Android's part. Google Pay is what merchants display. It means you can tap your phone and pay (using your wallet). It also allows online websites to accept payments using "Google Pay" button. Gpay => Is the App. This is like Venmo/Cash app. You might ask why create Gpay App when you have Google Wallet ? The answer is "India". Google Wallet is worthless in India because no one had cards and no one accepts them. Also phones do not have NFC. But India has UPI which allows easy real time transfers using QR codes and phone numbers. It made perfect sense for Google to create an App to cater to this case in India and it was widely successful. For some reason some leaders thought they could replicate the same success in USA using the SAME APP. This was nonsensical because in USA you need to iterate fast and launch things even faster. Piggybacking on Indian App which has like 300M monthly active users was a bit like you trying to take your 1996 camry and trying to make it an EV.