Wait. Again? Re-Relaunch of Google Wallet?
I guess it's worth the risk of continual failure, because if they eventually do get a foot in the door it's incredibly lucrative. Taking a percentage of every payment someone makes is a pretty good incentive.
Yep, the app is rebranded.
But they are also now partnering with banks etc rather than sitting as some generic middle man. Basically they seem to have copied Apple in this regard, and bent to the demands of the banks.