June 18, 2013

Pay-by-email

Posted by: in Things To Watch

Easy peer-to-peer payments are expanding beyond the likes of PayPal and Venmo. Square Cash will soon enable P2P money transfers via email: The dollar amount goes in the subject line, and Square is cc’d, with payment going to the recipient’s debit card. Similarly, Google has integrated Google Wallet and Gmail for a new service that treats money as an attachment that can be added to any email, including those sent to non-Gmail addresses. Since both Google and Square are also merchant account providers, email-based transfers may also expand the mobile wallet’s capabilities.  —Bobby Esnard

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