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Send money with Gmail

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Re: Send money with Gmail

#11
It's unclear what happens to your Google Wallet balance if your account is closed:

2.4 Relation to your Google Account

In order to use Google Wallet Services, you must have a Google Account which is in good standing with Google, in accordance with the Google Terms of Service. If you or Google closes your Google Account for any reason, your Google Wallet Account will also be closed and you will no longer be able to access the Google Wallet Services.

Re: Send money with Gmail

#12
post #3

How quickly can I get money out of google wallet? this url: http://www.google.com/wallet/how-it-works/in-store.html doesn't really render properly in chrome. I guess I can spend the money pretty easily once it is in my wallet.

"Sending money with your Google Wallet Balance is always free and usually instant. You can also send money using your bank account, which may take up to 10 business days to complete. Sending money using your credit or debit card is almost immediate, and usually takes up to a couple of minutes."

http://support.google.com/wallet/bin/answer.py?hl=en&ans...

Re: Send money with Gmail

#15
post #7
post #5

Earlier quoted context omitted.

As long as it's US-only (as with almost every cool thing Google does) it's not a threat at all.

... it's US-only, again? It won't be long before I just proxy all of my traffic through Amazon s3 or something.

... but you'll probably still have trouble setting a US bank account, S3 proxy or not.

(I'm in the same little boat outside of the US territorial waters btw)

Re: Send money with Gmail

#16
post #4

How is this going to be handled, as a money exchange system ("yo, here's for covering lunch for me yesterday"), or like a payment system ("send your payment to shop@gmail.com")? It seems presented as the former: > you can securely send money to friends and family in the U.S. - without leaving your Gmail inbox but people will assuredly try to use it as the latter. When that happens, how will Google address fraud claim…

I guess they will handle it like PayPal and all the others.

Re: Send money with Gmail

#17
post #11

It's unclear what happens to your Google Wallet balance if your account is closed: 2.4 Relation to your Google Account In order to use Google Wallet Services, you must have a Google Account which is in good standing with Google, in accordance with the Google Terms of Service. If you or Google closes your Google Account for any reason, your Google Wallet Account will also be closed and you will no longer be able to ac…

It seems pretty clear from that: you loose it.

Re: Send money with Gmail

#18
post #7
post #5

Earlier quoted context omitted.

As long as it's US-only (as with almost every cool thing Google does) it's not a threat at all.

... it's US-only, again? It won't be long before I just proxy all of my traffic through Amazon s3 or something.

I doubt a proxy will get you in on this. Google isn't that stupid. Financial transactions are seriously monitored by almost every government. You'll probably have to link to a U.S. bank acct or something.

Re: Send money with Gmail

#19
post #7
post #5

Earlier quoted context omitted.

As long as it's US-only (as with almost every cool thing Google does) it's not a threat at all.

... it's US-only, again? It won't be long before I just proxy all of my traffic through Amazon s3 or something.

Given the country-specific regulatory red tape that comes with anything involving money, there's more of an excuse than normal to roll this out country-by-country.
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