Google announced on their blog that they are getting rid of the debit cards in the wallet payment system. The debit cards lets the Wallet users spend money from their Wallet account in places where NFC payments are not supported. The debit cards will be cancelled on June 30 and users cannot add money from May 1 to the cards.
It just been months after Google announced that it is turning the wallet payments in to a completely peer-to-peer online payment system. They have now launched features that will allow users to the quickly cash out with a debit card and send money using only the recipient’s phone number.
The company had introduced physical Wallet debit cards in 2013 when no NFC-based services were available. Google suggests the use of American Express Serve card or the Simple Visa card instead.
Here is the complete announcement.
Dear Wallet Card users,
After careful consideration, we’ve decided that we’ll no longer support the Wallet Card as of June 30. Moving forward, we want to focus on making it easier than ever to send and receive money with the Google Wallet app
Last fall, we introduced the new Google Wallet app as a first step in that direction. We’ve added the ability to quickly cash out with a debit card and send money using just the recipient’s phone number—and we’re not stopping there. We’re hard at work on new features, so keep an eye out for those in the coming months.
If you’re interested in finding a replacement for your Wallet Card, both American Express and Simple offer debit accounts with similar features, including a card. Plus, we’ve teamed up with them so that Wallet Card users will get an added bonus after signing up.
As we wind down support for the Wallet Card, we want to thank you—cardholders, early adopters, and payment pioneers—for your feedback along the way. We’re excited to continue enhancing Google Wallet to give you the best possible experience when paying friends and family.
If you have questions, check out our FAQ below. If you don’t find the answer you’re looking for, feel free to contact us.
—The Google Wallet Team