Podcast: What Is Google Pay And Why Does It Matter?

• (1:00) - Alphabet Inc Launches Google Pay App
• (5:20) - Will They Be A Top Contender In Mobile Payments?
• (8:00) - Takeaways on Mobile Payment Industry

On the first-ever episode of the Tech Talk Tuesday podcast to take place on a Wednesday, Ryan McQueeney discusses the launch of Google Pay and what it means for the ever-important mobile payments market.

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Alphabet Inc. GOOGL officially launched Google Pay on Tuesday, replacing its stagnant Android Pay platform and alerting competitors like Apple AAPL that it has not forgotten about the budding mobile payments business.

On this week's show, Ryan runs down the features that Google Pay has on its debut, as well as the additional features that Alphabet says are coming soon. The host also discusses the differences between Apple Pay and Google Pay and debates whether the two platforms are true competitors.

Finally, Ryan takes a step back and looks at the growing wave of technological advancements in the financial services industry and discusses why this is part of a larger trend that is seeing even our oldest and simplest processes be made quicker and safer.

Make sure to listen to the show to hear more!

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As always, thanks for listening to the Zacks Tech Talk Tuesday Podcast; we will see you next time!