Google Pay's old iOS app, Android app, and website are expected to lose many of their payment features in the US in January, the company reported to The Verge. According to the Google support paper, the old apps will soon be unable to submit or receive payments or withdraw money. Meanwhile a note on the Google Pay website says that it also lacks the ability to send and receive peer-to-peer payments. Google also imposes a 1.5 percent charge when you move money from Google Pay using a debit card, notes 9to5Google.
Changes follow last week's huge re-launch of the service in the US, which includes a revamped interface and new functionality such as the ability to quickly search your Gmail inbox and Google Images account for import receipts. The new service is expected to grow further next year as Google plans to partner with banks to include full Google Pay check and savings accounts.
The re-launch also brings with it the implementation of a new charge for the transfer of money using a debit card. The support page states that sending money out with a debit card, a procedure that normally occurs immediately, will now incur a charge of 1.5 per cent or a minimum of $0.31. Transfers to a connected bank account are still free, but can take between 1 and 3 business days. Google Pay originally had zero payments, notes 9to5Google.
While its peer-to-peer payment features are disappearing in the US, Google has announced that the Google Pay web interface will remain in place. In the future, the business will concentrate on handling payment systems, subscriptions and setting up accounts.