You'll already see the new branding through Airbnb, Dice, Fandango, HungryHouse, Instacart and other services. Don't be surprised if other services quickly follow suit.

In many ways, not much has changed. For now, at least, this isn't a functional change. However, it was arguably due for a while. Whether or not you minded the Google Wallet/Android Pay split, it created an arbitrary division. In contrast, Apple Pay and Apple Pay Cash are treated as two sides of the same coin -- they might work differently, but they share something in common. Google Pay may help by giving people an easier-to-understand concept.