To clarify, this doesn’t affect your in-app purchases. Developers who use Wallet for Play Store sales won’t be affected, and users will still be able to buy token packs (or whatever else they need) via the same Wallet system in apps. Wallet shutting down does affect websites that use it to process payments for good and services. Via the announcement, we also learn that Google is taking almost no steps to educate users on Wallet going away, saying anyone who tries to use it — or has a recurring subscription processed via Wallet — will see a 404 error after March 2, 2105.
Google suggests any Developer using Wallet for goods “transition to an alternate solution”, but doesn’t guide us in any direction. They also won’t be offering a replacement for their Wallet API.
It won’t affect Google Play, and doesn’t affect the point-of-sale Wallet transactions, but any website that may have made a habit of using Wallet as their payment processor now has to shift gears, and that’s a bigger deal for the little guy than it is Google
