th Android y on the way, llet pivots to focus on personal money transfers

BY GreenBot Staff

Published 29 May 2015

Android y is the cool kid now, pushing aside llet as the new mobile payment solution for Android. It’s not here yet, but when it arrives, what will happen to ‘s current mobile payments solution?

llet isn’t going away. Instead is turning it into a Gmail-friendly version of yl, focusing on sharing receiving money from other individuals. This is already a function of llet, but there are plans for further development refinement.

For example, says it’s building new apps for Android iOS that will allow anyone with a U.S. debit card to send receive money “for free within minutes,” even if the other party doesn’t have the app. The money that you get can then be sent to your bank account or spent with a llet card.

didn’t announce any kind of timeline for when it would release the new apps, but it’ll likely happen by the time Android y rolls out later this year.

The story behind the story: Apple y pulled the rug from under llet, quickly becoming a popular mobile payment solution with better security. ’s response is Android y, which was spelled out in more detail at I/O. Android y uses a similar tokenization method to Apple y, concealing your credit card information when making a payment.