Google announcing a 'new Google Pay app' for Android and iOS

Google Pay announced a new ‘Google Pay app’, this new Google Pay app will improve users' "relationship with money."

Google plans to introduce smart budgeting features that are expected when Google Pay starts offering digital-first banking accounts that are accessed primarily through an app.

This feature set will significantly expand Google Pay from its current use for NFC-based payments. Meanwhile, Google will be making its way into personal finance.