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This is a tokenization issue, where the bank has linked your card and wallet on the older device. However, some users find that making a payment doesn’t work.

Card authorization failure when paying: Google Wallet transfers your stored card information when you sign in with your account on a new device.

Go to Settings > Apps > Google Services Framework (you might have to enable Show System apps) > Storage and cache and clear the cache. A Reddit user found that clearing the cache for the Google Services Framework app fixed the problem.

Google Wallet disappears from the app drawer: Even if you’ve set up Google Wallet during the initial setup process, you might not find the app on your phone.

The only option, for now, is to remember to unlock your device using the fingerprint scanner before making a payment.

Payment failure because of Face Unlock: This widely-reported issue causes a payment failure if you’ve unlocked your phone using the Pixel 7’s Face Unlock feature.

However, users are facing various problems using Google Wallet on their phones. Google Wallet/Pay is an excellent way to make payments on the go.