Google confirms: end of the road for Google Wallet card
There are plenty of ways to conduct transactions with Google’s help: you can place orders online, tap-and-pay with Android Wallet, or send money to your friends with Google Wallet. But for the past few years now there’s been another way to loop Google into the way you make purchases, with the physical Google Wallet card. Designed as a way to let users draw from their Google Wallet balances while shopping at retailers that might not support tap-and-pay tech, the card always felt like a bit of a bandage: a stopgap solution to fit Google’s square peg into the round hole of brick-and-mortar POS systems. Earlier this week, though, we heard that Google might be ready to throw in the towel on the old Wallet card, and today we get confirmation of just that, as Google sends out notices to cardholders.
The official details of the shutdown align nicely with what that leak described: users have until June 30 to continue making Google Wallet card transactions, after which the card will no longer function. Before then, they have until May 1 to keep adding to their card’s available balance, after which they can only make payments with existing funds.
Actually, there is one loophole there, as users can still add to their cards’ balance by accepting funds from other users after May 1 – they just can’t directly add any from debit cards or bank accounts. And once the card finally hits the end of the line, users can always cash-out any remaining balance, so as not to leave any funds in limbo.
Google says that it’s shuttering the Wallet card in order to allow it to spend more time focusing on improving the Google Wallet app’s ability to send and receive funds between users.