Ever find yourself standing in the warmth of you house, on a rainy day and something jumps the phone in order to get some cash from you? It would be charming if there was some way you could send him or her the money without actually leaving the house or getting on your computer. You can now send minute cash with Google Wallet.
Yes, you heard it right. In order to send some cash to someone, all you need to know is his or hers phone number. As part of their take on the electronic payment services, Google announced that they will be issuing several update to their Wallet application.
Using this service, you will now be able to send money to anyone and anywhere, provided that you have a good cell signal and the person’s phone number in your phone book. So, how exactly does this service works? Let’s say you have to pay a wager you made with someone You’re tired of seeing that person or you’re just too lazy to leave the house. Here’s what you can do: pick up your phone and make sure you have all the bank data registered correctly in the application.
Search in your phone book for the contact who you want to send money too. Check the amount of cash you want to send him or her and click away to send the message. In a matter of seconds, the person at the end of the line receives your message which contains a secure link to the back.
Upon clicking on the link, either from his smartphone, tablet or computer, a new window will be opened. Thus, a secure connection is established between him and the bank. Now all that he has to do in order to secure his cash is to fill in his debit card number.
And presto! within a matter of minutes, a certain sum of money leaves you account and enters his account. Minute cash with Google Wallet can be an outstanding function given the fact that most transaction application are very hard to use and most of them require a tokenized device in order to complete the transaction. Google Wallet is simple to use and very efficient.
The application has but one downside which can cut back on its popularity. Unfortunately, the update is only available in the United States. So, if you’re planning on using the application outside of the US then you’re going to have a bad time. No news received on whether the updates are going to be available outside the US or not.