Google ready to give a tough fight to Paytm, Mobikwik and other wallets.
Gone are the days my friend! When Gmail was just used to send emails and sharing attachments.
According to the recent blog entry from Gmail Product Manager - Sam Kansara
"Now a user can send or receive money on its gmail mobile app on Android"
explains in his
With tons of Mobile Wallets are uprising in markets where payments are made at ease. Google has also integrated Google Wallet in 2013 that allows people to send and receive money from a mobile device or desktop computer at no cost to either sender or receiver.
This new feature by Google is made with an objective by which users are able to send, receive or request money right from the email itself
- without having to install any other money transfer or payment app.
How it Works?
To access this new feature all you need to do is simply tap on the attachment icon (the paperclip) as if you are attaching a file and you'll see two new options:
Send money or Request Money , choose from the options depending on your needs. Add an amount, write a note in the memo window(optional) which will attach to the body of your message and then you can send the email/message as you typically do.
On receiving money , what you have to do is simply just tap the Claim money link and it will transfer the funds directly into your Google Wallet account.
After reading this you might be looking forward to update the gmail app from the play store but hold up a moment what likewise declared is that this feature is currently available in the U.S. only on Gmail on the web or Android.
So the war of payment transaction is getting interesting day by day as Google has made exchanging money as easy as attaching a file.
Lets see how Paytm, PayPal, Venmo, Square Cash, Stripe, Mobikwik, TransferWise, and other leading related business responds to it.
Posted On: 21st March, 2017