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. p> < p > the resignation of vice president Caesar sengupta at the end of April this year was like the prelude to his departure p> < p > in just half a year, a number of senior executives, including Vice President Felix Lin and chief business Officer David Shapiro, left the company one after another p> < p > according to a former employee of Google pay, 40 ordinary employees in Google's payment business development team also left in recent months p> < p > this figure is half of the total number of employees in the payment team p> < p > the controversial new version of Google pay < / P > < p > in an interview with business insider last week, several former employees said that < / P > < p > they left because they were disappointed with slow-growing organizations and slow-moving products p> < p > this "product with too slow progress" refers to the new version of Google pay launched in the United States last November: < / P > < p > the new version updates the UI and adds many new functions, including personal finance p> < p > however, the replacement of the old and new versions was not smooth p> < p > within four months of the launch of the new version, Google has maintained two versions of Google pay application services at the same time p> < p > many employees, including sengupta, Google's payment leader, have been focusing on integrating application versions in the United States and India p> < p > during this period, users of the new version cannot transfer money to users of the old version p> < p > moreover, the updated Google pay has also been called a "disaster" by some consumers p> < p > the new service does not support multiple devices, multiple accounts, or websites p> < p > the bad version change and the new version that is not widely accepted by users also make Google pay's market share far lower than that of Apple pay, which it once regarded as an opponent: < / P > < p > in a pulse network survey last year, although Google pay achieved a 50% increase last year, it only accounted for 3% of the market share p> < p > the fuse is the leader's departure < / P > < p > the development of products is frustrating, and the leader sengupta's resignation has brought this negative emotion to the top p> < p > an employee who has resigned from Google pay said: < / P > < p > I think Caesar's departure is the first gap in the dam rupture p> < p > Caesar sengupta is an executive who has worked at Google for more than 15 years: < / P > < p > in 2015, he was appointed the head of Google's next billion users program, bringing free WiFi to hundreds of railway stations in India p> < p > in 2018, sengupta once again took over Google's payment department and was responsible for the payment infrastructure of Google pay applications and Google's core products (such as cloud computing and search) p> < p > with the departure of several executives led by sengupta, some of Google's future plans seem to have been stranded p> < p > for example, Google was expected to launch a digital bank account, the plex plan, in cooperation with Citibank later this year p> < p > but now, sengupta and Felix, the two sponsors of the plan, have left p> < p > in an interview with business insider, a former employee of Google pay said: < / P > < p > at least seven directors or vice presidents have left the Google payment team p> < p > reference link: < / P > < p > [1] https://arstechnica.com/gadgets/2021/08/google-pay-team-reportedly-in-major-upheaval-after-botched-app-revamp/
[2] https://www.patentlyapple.com/patently-apple/2021/08/a-new-pulse-network-white-paper-states-that-apple-pay-dominated-the-mobile-wallet-space-crushing-google-and-samsung-pay.html
[3] https://www. techcircle.in/2021/03/22/delhi-hc-stays-order-restraining-ril-future-deal
[4] https://www.businessinsider.com/google-pay-payments-team-seeing-executive-exodus-turnover-caesar-sengupta-2021-8? fr=operanews
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2023-03-22 10:04:41