Google Wallet 2.0.13611 for iOS (iPhone screenshot 001)

Google on Wednesday announced an update to its mobile Wallet application for the iPhone which now includes handy low balance alerts and another feature allowing users to set up recurring bank transfer in order to ensure there’s always money to spend in their Wallet.

The refreshed application did not receive support for the bigger iPhone screens and will be going live in the App Store later today.

Google Wallet is available free of charge.

Update: looks like the search company prematurely published the news because the post got pulled within minutes.

According to Google, users can now set up recurring transfers from their bank account to their Wallet on a weekly, bi-weekly or monthly basis. Just tap “Add money” on the main Wallet screen and then choose “Set up a recurring transfer” to set up one.

And if you don’t want to create recurring deposits, a new low balance alert feature will give you a heads-up when your Wallet balance hits a predetermined threshold. You can create a low balance alert by choosing “Low Balance Alert” on the Wallet Balance screen.

Google Wallet lets you send and receive money and is available in the United States for the time being via select carriers and a handful of retailers. On Android, Google Wallet uses NFC to make contactless payments during checkout.

Just like Apple Pay, Google’s solution works with any NFC-outfitted payment terminal and involves using tokens in order to avoid transferring sensitive banking or credit card details over the air.

Released in the App Store in September 2013, Google Wallet lets you scan plastic using the iPhone’s camera, supports gift cards and free debit card transfers, can track your online purchases using receipts from Gmail and lots more.

And just like Apple Pay, Google Wallet is no longer accepted at CVS and Rite Aid after the retailers shut down NFC access on their terminals to prevent the likes of Apple Pay and Google Wallet from functioning.

[App Store via Official Google Commerce Blog]

  • Maxim∑

    why would iOS users use Google wallet?

    • rockdude094

      leading a double life ?

  • Alberto Espinal

    Now Google Wallet is all of a sudden news? Nobody used that Damn thing now they wanna play the game, pathetic

    • @dongiuj

      Let me guess, if it’s any company apart from apple it’s “all of a sudden news”?

      The only reason other pay systems are back in news on apple blogs is because apple has only just entered the payment system game. Don’t worry, apple pay will be old news soon, just like all the other systems. Look at Siri, old news. Touchscreen tech, old news. 8MP camera, old news…. Etc etc.

      I would imagine the apple pay system will be good because it looks like it has copied a similar system as Japan has been using for the past 8 years. The only down side I see is the fingerprint sensor which may slow the flow of passengers on something like transit payments instead of just swiping the device.

    • Alex Rethiz

      no one used it cuz Apple never added NFC capabilities to its phone, idiot

      • Alberto Espinal

        How you call me Alex?

  • carlos

    Also I wanted to point out that there is a fee For debit card transfers to your google wAllet card

  • Mark Hardin

    Why can’t they just make Google wallet like apple pay so that people with “unsupported cards” who can’t use apple pay can use apples rival.