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Google Rebrands All Its Payment Solutions As 'Google Pay' (arstechnica.com)
An anonymous reader quotes a report from Ars Technica: Google just announced that it is merging all of its various payment programs into a single brand, called "Google Pay." Google Pay will be a one-stop shop for all your Google Payment needs: NFC smartphone payments, P2P transfers, and Web payments. Google's payment solution site has already clicked over to the new branding, and we'd guess a rebrand of the Android Pay app won't be far behind. The branding should start popping up on store credit card machines, too. So "Google Pay" is the new brand for every kind of payment Google offers -- all without the platform-specific branding problems of Android Pay. Google says this is "just the first step for Google Pay" and it "can't wait to share more."
Google isn't even trust worthy enough to handle my email without (trying) to monetizing it.
Why would you possibly think a corporation is going to spend billions in resources, servers, developers, electricity, hardware, and bandwidth without trying to monetize it? Are you new here (on Earth that is)?
You realise that all these NFC payment systems (Apple Pay, Google Pay, Samsung Pay etc) are just more convenient, and more secure ways of using your existing credit cards, right?
You register your CC with the phone and then use it to carry out secured transactions that have a guarantee that the shop canâ(TM)t clone your card or grab your info from it. Plus, you no longer have to carry your CC or bother getting things out of your pocket or wallet.