From CNET: With all the fanfare surrounding Google's new digital payments system, Android Pay, it's easy to ignore the fact that Google already launched a different payments system -- four years ago -- called Google Wallet.
That earlier service was unceremoniously snubbed during the Google I/O developer conference Thursday, without any references to it during the Android Pay announcement at the event's keynote presentation.
The slight is another reminder of Google Wallet's long-time struggles to reach wider acceptance as a mobile payments system and an example of what can happen if a technology arrives too early to matter to consumers and businesses. But Google has quietly shifted gears on Wallet in a way that may keep it alive.
The world's largest online search company now plans to reintroduce Google Wallet as an app that friends can use to transfer small payments -- the digital equivalent to writing a check -- available on both the Android and iOS operating systems.
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