Apr
5
But not to Google Wallet.
Sent packing.
Google Wallet is getting out of the loadable debit card business.
A few days ago, an email from the Google Wallet Team told cardholders, “After careful consideration, we’ve decided that we’ll no longer support the Wallet Card as of June 30.”
Nor does it appear that Google plans to replace the card, as indicated by Google’s having referred cardholders to American Express and Simple, promising them an “added bonus” at sign-up.
The email offers no explanation for the move, and beyond announcing the card’s discontinuation, Google is keeping mum.
Still, it’s clear that Google remains very much in the payments arena. The email’s penultimate paragraph reads, “As we wind down support for the Wallet Card, we’re excited to continue enhancing Google Wallet to give you the best possible experience when paying friends and family. We’re hard at work on new features, so keep an eye out for those in the coming months.”
Curious to see where this leads? Me too. I’ll keep you posted.