Consumers will be able to store and use credit cards, event tickets and car keys in a new Wallet app that will be separate from the Pay app.

Pay will be available in the U.S. and Singapore, and the Wallet app will be available in 39 other markets.

As things have changed so quickly, it became clear that you need to give users a dedicated home for that.

The payment app was updated in late 2020 as a hub for consumers to track expenses and hunt for discounts. The company said the app had 150 million monthly active users. Apple as well as its own partners on Android devices face stiff competition.

Ready, who joined the technology giant in 2020, has been shaking up its approach to payments. In October, the company put a stop to a yearslong plan to launch a digital checking and savings service for the Pay app that it had lined up nearly a dozen banking partners for.

There is some traction in India for the pay service. Users who are familiar with the Pay app will be able to use it there.

The auto-fill feature in the Chrome browser will allow users to turn any credit and debit cards they have saved into a virtual card. They won't have to look for the extra security code on the back of their cards when they pay online.

Ready, who worked at PayPal for eight years, said that Google isn't charging users for the changes to its apps. He said the aim is to boost use of the company's plethora of apps and services.

Ready said that they don't need to monetize on the payments.