Google Wallet is closing something and everyone's confused!

From Ron Amadeo

"Here is what's really happening. The "Google Wallet for digital goods" API is closing. The key word here is DIGITAL goods. This API was for in-app purchases for Facebook/Google+ games on the web.

• Not the PayPal competitor for third party stores selling physical goods.
• Not NFC for brick and mortar.
• Not Android in-app purchases or anything Google Play related.
• Not the Physical Wallet Card.

Here is a video of the thing that's closing: Google I/O 2012 - Monetizing Digital Goods with Google Wallet

It was mainly for social networks. No one plays Google+ games and Facebook has their own thing for payments."