
More recently, Apple has introduced its own payment system Apple Pay, which immediately began to actively promote. Now with this system you can pay in many shops and restaurants, including McDonald's, Walgreens, and Macy's. This payment system has every chance of success, given the huge audience of users of Apple-devices.
Nevertheless, this system has a serious competitor, which gradually spreads its wings. This is Google Wallet, another payment system that not everyone remembers. And it is worth remembering - now Google Wallet has signed a cooperation agreement with the WePay system - a payment aggregator that manages payments on most platforms. Thanks to WePay, many companies have been able to conduct online transactions.
Now Google Wallet has very wide opportunities, and the corporation plans to use them for working with small and medium-sized businesses, allowing companies and individuals to make and receive payments online, from any mobile device. In other words, WePay users can now accept Google Wallet payments on their sites, as well as through mobile applications.
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Now, just like in the case of Apple Pay, Google Wallet allows you to pay for purchases in shops and bars. For example, you can pay for a coffee from a phone taken in a small coffee shop. You can pay for calling a car through Uber. Networks like Wish, Summon, and Sidecar now also support Google Wallet. At WePay, the share of mobile payments is 20%, which is a very positive thing for Google Wallet.
Despite the fact that Google Wallet is still lagging behind in the development of Apple Pay and some other systems, this service has shown that its capabilities are far from exhausted, there is potential for development, and it is quite large.