Google has announced another great feature for Gmail at the Google I/O developer conference, the ability to send money with Gmail to your friends and relatives. Google Wallet is now integrated into Gmail. This means you can securely send money to friends and family in the U.S. – without leaving your Gmail inbox. Even if you do not have a Gmail account, you can still send money using the Google Wallet app on your mobile phones.
Once the feature is rolled out, you will be able to see an icon where you can attach money from your wallet into your email. It’s free to send money from your Google Wallet Balance or directly from your bank account. You can also pay with your credit and debit cards for a low fee of 2.9% per transaction (minimum $0.30). Receiving money is always free.
You can also send and receive money on your phone, and manage your payment methods at wallet.google.com.
When you use Google Wallet, your financial information is safely encrypted and stored on secure servers, and all transactions are monitored 24/7 to prevent fraudulent activity. In addition, Google Wallet Purchase Protection covers 100% of eligible unauthorized transactions, so you do not have to worry about security.
If you have used Google Android Play app to purchase apps, your Credit Card information is automatically available in wallet. You can add money using the wallet.
When will this be available?
This feature will be rolling out to Gmail users ages 18+ in the U.S. over the next few months. Look for the $ icon in your attachment options. You can also get earlier access if your friends have the feature and send money to you.