One of the goals of my blog has been to alert you to new technologies and today I found out (a new technology) where Gmail will soon provide you with an option to securely send money (by email) to friends and family. You will have to be 18 years or older to use this feature and will need a Google Wallet account.
If you have a Gmail account, one way to determine if this feature has been activated on your account is to look for the $ icon in your attachment options. This can be found at the bottom of the Gmail compose window (when you go to send an email).
To see how this works, I encourage you to watch the video below:
Some things you need to know:
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.
If you don’t have Gmail, you can still send money by clicking the “send money” button in Google Wallet. 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, and our customer service team will help resolve any questions you might have.
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