Let us not forget that Apple Pay is not the only mobile payment system out there. Google Wallet has been around for more than three years. The mobile payment system from Google ran into an issue to remain relevant and now the company rarely talks about it. Luckily, the arrival of Apple Pay seemingly sparked interest in Google Wallet.
The usage of Google Wallet has incredibly doubled in just one month, according to what sources told Ars Technica. That is the period of time that led up to the launch of Apple Pay. And it actually goes beyond just that time period. Google Wallet has been seeing growth for the last few months. This doesn't necessarily mean that the figures are huge, though. It just means that more people are using Google Wallet than before. So while on paper it sounds great (and it is), understand what it means.
The issue that remains is retailers coming together to block Apple Pay and Google Wallet, redirecting them to something of their own. CurrentC launched recently from a band of retailers including Walmart and Best Buy. Well, that is a great solution if it was secure. Unfortunately, it is not. CurrentC was hacked before its public launch.
Source: Ars Technica
