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Send and receive money with Gmail

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Re: Send and receive money with Gmail

#12
post #5

I was almost expecting this to be a late April's Fool... I guess it's a way to get more people to sign up for a Google account - you can "send to any email" - but that's not really accurate as you need a Google account to send/receive funds. It's not surprising of course, anyone technically inclined would realize this is a wrapper around:you can now place money in escrow with Google and let people know via email. Jus…

"I was almost expecting this to be a late April's Fool..."

I did, too. The date was the first thing I checked. Well, I guess we can email money around on our insecure devices now. So, with Apple Pay and Gmail Money, we might finally develop something along the lines of WeChat in China where many people are constantly just using mobile to pay each other.

Re: Send and receive money with Gmail

#16

Interesting that they use the word "Computer" instead of "Desktop" for non-mobile devices.

What word would you use for the class of machines that are desktops and laptops? It's a real, if not very important, question that I've never found a good answer for.

Re: Send and receive money with Gmail

#18
I love this idea, it can be even bigger than Paypal. Three suggestions:

First, make it a mobile app as a simplified gmail with just the recipient, the amount and a memo. That's it. In version two add the pic, avatar or whatever people use.

Second, open a new wave of email accounts since all gmail accounts are already taken so people can start using their names or businesses as email accounts again. Perhaps GoMail? And start from day one with two factor authentication so squatters don't start their party.

Third, create Merchant accounts and apps so business owners can track thousands of payments a day with tools for money management.

This was my dream solution for the mobile payment need but now that Google is going to do it I'll leave it to them.

Re: Send and receive money with Gmail

#19

Interesting that they use the word "Computer" instead of "Desktop" for non-mobile devices.

What word would you use for the class of machines that are desktops and laptops? It's a real, if not very important, question that I've never found a good answer for.

Lol, I always on the lookout for an answer to this as well. I use Browsers vs Mobile Browsers vs Desktop Apps vs Mobile Apps if I want to be precise. But, yeah, it's usually confusing.
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