What happens when you miss getting out of the gates? Well, you miss out on money apparently.
You see, when Apple Pay was launched, Apple had the leverage due to their tokenization implementations and the banks were willing to give up a slice to Apple because of the security features, a year later however VISA, MasterCard (and others I imagine) have finally standardized those implementations and made them free.
What does this mean for Apple? Well, two years down the line they likely will have no more slice. What does it mean for Google? They don't get a slice at all, since they were late to the game and didn't have the leverage Apple had. Its a small slice, sure, but when you factor in the millions (if not tens of millions) of users and the god knows how many transactions, those fees would add up handsomely.
I think this is even sadder when Google had mobile payments so long ago yet, in typical Google fashion, sat on their asses with it and never pushed it until after Apple showed up and crapped on the mobile carriers and their closed off payment solutions.
http://www.wsj.com/article_email/google-loses-key-mobile-payment-feesgoogle-misses-out-on-apples-slice-of-mobile-transactions-1433546638-lMyQjAxMTE1NjA2NTYwMzU2Wj