Google Launch GMail Payment System In UK
Google are Launching a GMail Payment System In the UK which is used with a Google Wallet. The system allows Gmail users to send money to others via email. The new UK service, which actually launched in America in May 2013, is based on Google Wallet which is a free mobile payment system. Both parties must be Google account holders so they can transfer money from their own Google Wallet to another’s by simply hovering over the attachment icon in Gmail and then clicking on the £ symbol before entering the amount to send over and then click the send button. All very simple and convenient.
A recipient can receive funds even without a Google account but once the transfer has completed they will be required to create a Google Wallet and then link it to their bank account in order to claim the cash. It works in a very similar if not identical way to the popular payment service PayPal.
Travis Green is the product manager for Google Wallet and he said: “Paying back your friends has never been so simple, whether you’re chipping in for lunch or reimbursing your housemate for your share of the rent,”