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Send and receive money with Gmail

support.google.com

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Re: Send and receive money with Gmail

#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. Just like you could probably "send [money] via carrier pigeon" with PayPal...

Re: Send and receive money with Gmail

#6
Can you send and receive money for "non personal use"? E.g., I tried paying some small test consultant fees from my company using Facebook's "send/receive money", and they quickly told me I was violating their terms of usage. I can't tell either way from this Gmail page. Just curious (not that I would actually use things this way, but zero fees can be nice for small transactions).

Re: Send and receive money with Gmail

#9

This is going to make gmail accounts a huge target for thieves. Now they don't even have to do the reset password step on your bank login.

To be honest, I think email accounts (especially the main ones) have always been a huge target to thieves, since many services still use it as the primary password reset/two-factor authentication method. In that sense, not much has changed.
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