Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive
150x172_CUEffect.jpg
Contacts
LISA MCCUEVICE PRESIDENT OF COMMUNICATIONS
EDITOR-IN-CHIEF
MICHELLE WILLITSManaging Editor
RON JOOSSASSISTANT EDITOR
ALEX MCVEIGHSTAFF NEWSWRITER
TOM SAKASHSTAFF NEWSWRITER

News Now

Market
Google, Square Launch E-mail Payment Initiatives
MOUNTAIN VIEW, Calif. and SAN FRANCISCO (5/22/13)--Google and mobile payment company Square have launched separate initiatives that allow consumers to send payments via e-mail.

Google will integrate its digital Google Wallet with Gmail so users can send money to friends and family even if they don't have a Gmail address, Google announced last week (CNet May 15).

To send money in Gmail, users must hover over an attachment paperclip, click the "$" icon to attach money to the message, enter the amount, and press send.

Sending money via Gmail is currently available only on desktop computers. The service will be free.

Square also added a cash-by-e-mail feature, called Square Cash. The service is "invite only" (Cnet May 20)

To use Square Cash, users draft an e-mail to the recipient, CC: it to pay@square.com, enter a dollar amount in the subject line, and send the e-mail.

The recipient will be asked to associate a debit card with the transfer, after which the money will be sent directly to the banking account linked to it.

The sender will be charged a 50-cent fee for Square Cash.


RSS





print
News Now LiveWire
.@NACHAOnline report: ACH volume increases to 23B payments in 2014 http://t.co/va2WYMh4Zv
22 hours ago
.@CUNA's @HampelBill in @washingtonpost on options for wary mortgage borrowers: http://t.co/CPSgTNgwmm
1 day ago
Housing starts thaw, mortgage rates stand pat #Market #NewsNow http://t.co/hhPj5v5AH3
1 day ago
.@CUNA files #RBC2 comment, urges #CU system to be heard #NewsNow http://t.co/yfoZHAMlZc
1 day ago
#NewsNow Youth Month attracts 100,000th member for Mich. CU http://t.co/cgF5o83XlK
1 day ago