Since its debut in 2004, Gmail has become the go-to email service for the internet at large. Over 1.2 billion people use the idea, so Google has wisely continued to add features of which address the needs in addition to wants of its diverse user base. For US in addition to UK users, one of these brand-new features can be the ability to transfer money.
Gmail lets you send or request money using Google Wallet. The desktop edition has had This particular feature for a while, in addition to the Android app recently added This particular functionality. having a few touches, you can send money to anyone along as they are located within the United States (if you are located inside US) or inside UK (if you located inside UK). There are no fees whatsoever, so there’s no excuse not to try the idea!
Step 1: Set Up Google Wallet
In order to send money, you need to have a Google Wallet account. Fortunately, Google automates This particular process whenever you add a debit or bank account to your account to purchase apps. Therefore, if you’ve already purchased an Android app or added a payment source to your Android account, you can skip This particular step.
If you haven’t added a card, download the Google Wallet app on your Android device. Once installed, select the hamburger menu inside upper-left-hand corner of your display in addition to choose “Payment methods.”
Select “Add Payment Method” found along the bottom portion of your screen. By default, Google Wallet will present you the form to set up a debit card. However, if you wish to add a bank account instead, tap the “Add debit card” text to open a drop-down menu with the additional options for bank accounts.
Although credit cards, prepaid cards, in addition to PayPal accounts can be added to your Google account to purchase apps, these methods cannot be used to send or receive money. If you’ve already added of which type of account, the idea will be listed as a payment method in Google Wallet, although won’t be available for you to send money.
Fill out the form in addition to choose “save” at the bottom of the screen. When you’ve successfully entered your card, you’ll be returned to the previous menu with your card listed as a payment option.
Step 2: Compose an Email
Next, open the Gmail app in addition to use the pencil button inside bottom-right corner of the display to create a brand-new email. If you wish to reply to an email, select the left-facing arrow next to the sender’s name while within the email.
Next, select the paper clip icon near the top-right corner of the screen in addition to choose “Send Money.” A popup menu will emerge asking you to enter the amount you wish to send. Input the amount in addition to select “Attach Money.” Another popup will display asking if you wish to add a note. Select “Done,” in addition to currently within the body of the email will be a notification indicating the money can be attached.
If you wish to request money, select the same paper clip icon as mentioned in Step 3, although choose “Request money.” Input the amount you wish to receive in addition to select “Attach Request.” Gmail will ask if you’d like to add a memo to your request. Select “Done” when you are finished in addition to your request will appear inside body of the email.
Once you either attach a payment (or request for one), complete the email in addition to send the idea as you normally would likely. The recipient will receive an email similar to the screenshot below (depending on if you sent money or requested money). If you are sending to a non-Gmail email address, the recipient will get a link to Google Wallet to complete the same signup process depicted in Step 1.
However, if you sent money to another Gmail user, they’ll see a popup when they open the email with the option to “Transfer to bank” (if they’re receiving money) or “Pay currently” (if they’re sending money). If the recipient doesn’t have a payment method linked to their Gmail account, they’ll be asked to add either a debit card or a bank account to complete the transaction. If they already have a Google Wallet account having a compatible payment method, they can simply select their linked card or account to complete the transaction.
When receiving money, the amount of time the idea takes for the money to be deposited into your bank account will depend on two factors: Which payment method you chose in addition to your bank. If you are using a debit card, the payment can post in a matter of minutes, with some banks taking up to 24 hours to show the incoming payment. However, when using a bank account, financial institutions can take up to 72 hours before posting the transaction.
Gmail continues to evolve as a platform, allowing the idea to capture 21% of the market, which makes the idea the second most favorite email client. How do you like Gmail’s ability to transfer money? Are you using the feature? Let us know inside comments below.