Google Wallet For Digital Goods Will Say Good Bye Next Year
Just when every company is trying to settle in mobile and online payments domain, Google is opting itself out. Google will shut down the part of Google Wallet that handles digital goods in the next year. Google fought the competitors for three good years, but now it has decided to surrender.
As of March 2, 2015 Google Wallet for digital goods will be shut down. It started as mobile-based system which was compatible with certain smartphones including iPhone. It let users pay for goods using NFC. After some time, Google took its Wallet one step further by making it a web-based payment service. However, it never managed to go out of US.
When Google announced the retirement of this service, it created a fuss in the Internet because.. you know “Google”. This service, which will be shut down, was meant for the web developers who could use Google Wallet for digital goods API to sell digital products in their web-based applications — such as games.
So the service that was handling this part will be shut down only. Consumers would still be able to use other Google Wallet services like Instant Buy, Wallet App, Google Marketplaces and others.
They can still use Google Wallet to purchase goods and services in physical stores using NFC. They would still be able to purchase physical or digital goods in apps and in websites as well.
Only the developers who used this payment method to sell digital goods in their applications will be affected with the closure of this service. They will have to look for alternatives as Google doesn’t plan to provide an alternative itself.
“Because we feel that Google Wallet merchants know their buyers best, we encourage you to research payment processing solutions to best fit the needs of your buyers,” the company wrote.
The developers have few months to decide which alternative should they go for. All of the APIs that are currently handling the functionality of trading digital goods will become unavailable. Also, the developers would not be reminded that they should remove the APIs from their applications’ code. If they don’t, their clients would get “404 resource not found” error.
Note that Google only put off the dead weight. The company failed to attract many developers towards their service, so it decided to shut it down. Closure of this service does not mean that Google has took itself out of mobile-payments competition. In fact, it may be profitable for Google in the long run or they might be looking at different services to cover this area.