Google has just integrated Google Wallet into Gmail, which allows you to send money with Gmail by “attaching” the money to your email. Similar to Paypal, it is free to send and receive money from your balance or bank account, unless you choose to transfer money with your debit/credit card (2.9% per transaction or minimum $0.30).
However, you must be a U.S. resident and 18+ years old in order to send money by using Google Wallet. Besides, you must have Google Wallet with a valid bank account or debit/credit card linked. The recipient must also be a US resident and must have or sign up for Google Wallet.
Here are the 3 simple steps to send money via Gmail with Google Wallet:
1. Compose a new email. Enter the recipient’s email, subject, message body, etc.
2. At the bottom of the message window, hover your mouse over the + icon and click on the $ icon to attach money.
3. Enter the amount of money that you wish to pay. Select “Attach” and send the email. Done!
So, do you find this new feature to be convenient or interesting? Will you use Google Wallet to send money instead of Paypal? Hit the comment section below and let us know what do you think!