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The service comes as an amalgamation of two of its existing payment services - Android Pay and Google Wallet. "Over the coming weeks, you'll see Google Pay online, in store, and across Google products, as well as when you're paying friends", Google said in a blog post.

This will surely make paying for different Google services less confusing and users will not have to worry which app to use to pay. For the rest of the things like Google's own app such as YouTube or Google Play, you will be able to sign-up for new subscriptions or buy apps using a single Google Pay account. Google Checkout was Google's PayPal competitor. Do companies need to do anything on their end to support the new service?

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The new platform will begin to roll out in the coming week, according to Mr Bhat, who said this was just the first step for the service, and Google was planning more feature updates. When you think about it, that wasn't a very versatile brand for mobile payments. Developers can go and apply to work with Google to bring "Pay" integration in their apps or website. We know that form-filling is one of the biggest frustrations for mobile shoppers, causing more than a fifth of us to abandon purchases. Over the past couple of years this payment service reached the UK, Singapore, Hong Kong, Poland, Russia and Canada among many other countries. Basically, the same way you pay for things now will continue, except it'll all be called Google Pay.

The impact on you at home: Google Pay may be replacing Android Pay on our phones to streamline the experience, but it doesn't simplify the Android digital payments landscape in the slightest. The company's post only makes a brief and vague mention that "We will also be bringing these experiences to Tez users in India-stay tuned".