Google Wallet is now Google Pay Send. It’s the app and repair from the search advert big that permits you to ship cash to acquaintances, similar to Venmo. It joins plain-old Google Pay, the point-of-sale piece of the corporate’s rebranded online payment app and service technique. Pay Send works on each Android and iOS, in addition to from an online browser. It’s a good selection, as a result of there is no charges and cash goes proper into the recipient’s account. Unfortunately, Google Pay Send does not allow you to use a bank card, and is restricted in contrast with our Editors’ Choices, Venmo and Samsung Pay.
Google Pay Send is offered for iOS eight.zero or later and Android four.1 and later. On the iPhone X I examined it with, Google Pay Send was a 75MB obtain, and on a Samsung Galaxy Note eight, the app was a mere 5.9MB. Neither is more likely to overload your telephone’s reminiscence, nevertheless it appears doubtless that Google’s cellular working system contains help that must be added on Apple gadgets. On first run, the app reveals a quick animation explaining what you are able to do with it—ship cash to and obtain cash from associates.
Of course, you additionally want a Google account, and it’s good to hyperlink your account to your funds, both by getting into your financial institution data or storing debit card knowledge. If you have already arrange Google Pay or Google Wallet, you do not have to enter a card once more. If not, it is the same old drill of snapping a photograph of the cardboard and getting into verification data. You can add a number of cost sources, however they’ll solely be debit playing cards and financial institution accounts, not bank cards. Apple Pay, Venmo, and others allow you to use a bank card as properly. Google Pay Send pulls immediately from the sources you select, and dumps funds immediately into recipients’ financial institution accounts.
Google Pay Send has a $9,999 single-transaction restrict, and you may’t ship greater than $50,00zero per 5-day interval. That eclipses what opponents, similar to Square Cash and the Editors’ Choice award-winning Venmo enable in every week ($2,500 and $2,999, respectively).
Like Square Cash, Google Pay Send imposes no charges, as a result of it solely helps debit playing cards. Venmo costs a 2.9 % payment if you use a bank card, although that is as a result of card issuer, not the cost app.
Facebook Messenger additionally boasts person-to-person cellular funds, nevertheless it has a number of differentiators that separate it from Google Pay Send, most notably that it solely works contained in the messaging app. That’s a bonus, because it means you do not have to put in a separate app, and most of your contacts have already got an account.
Mobile Payment Mambo
Google Pay Send is extraordinarily simple to navigate. Performing transactions used to require digging by means of a number of layers of menus. Now, you’ll be able to alternate cash with associates proper on the principle display screen by means of the Venmo-inspired interface, so long as you’ve got your pal’s e-mail tackle. On first use, the app requested that I enable it entry to my contacts. I additionally needed to confirm my title, the final 4 digits of my SSN, and my DOB. You may also verify a field stating you might use the service for receiving business funds. Corporations and nonprofits aren’t permitted.
Your cash recipient does not must be in your contacts, nevertheless; you’ll be able to merely enter an e-mail tackle or cell phone quantity. Before sending, the app pops up a warning to the impact that you need to solely pay folks you realize, to keep away from scams. The sending web page says “Processed by Google Payment Corp.” You can embody a notice in regards to the cost, one thing most peer-to-peer funds provide, however there is no Venmo-style social community, which could possibly be factor or a nasty factor, relying in your perspective.
You can cancel a cost earlier than it has been accepted a plus it shares with Zelle. To declare the cash, recipients must arrange their very own Google Pay account. When a cost is claimed, the app presents to remind you if you wish to make comparable funds frequently. The recipient needn’t switch the cash to their checking account as is required by Venmo and different cost apps—it is deposited inside 24 hours. Unclaimed money comes again to you after two weeks. Transactions are all recorded for future reference.
Google Pay Send helps you to ship money through SMS messages equally to the way in which you’ll be able to in Venmo, Square Cash, and Facebook Messenger (although that is by means of its personal messages moderately than SMS). If you ship cash by means of a textual content, the opposite get together receives a safe hyperlink to the funds. They then faucet the hyperlink, log into Google and enter their financial institution data. It’s easy and handy, though we would not blame somebody for not trusting a textual content basically saying, “Click here to get money.”
When requesting funds, you’ll be able to specify as much as 5 debtors. The cash is transferred in the identical method, however a pleasant little contact is a Send reminder button, which sends a notification and e-mail to the delinquent dirtbag.
The solely cost frill provided by the app is the power to separate funds, however surprisingly, this feature solely confirmed up on my iPhone, not on the Android telephone. I entered a cash quantity, after which was capable of enter greater than ten e-mail addresses to share the fee.
Options in Settings embody requiring a four-digit PIN for all funds and notifications about transactions, however that is fairly normal fare.
When it comes utilizing the service on the internet, you are able to do all the things you are able to do within the app on the service’s web site, which is simply referred to as Google Pay, despite the fact that it is restricted to Google Pay Send performance. In truth, the Settings on the internet model all seek advice from Google Pay Send.
Similar to the way in which Apple Pay makes use of Siri to allow you to pay associates together with your voice, you’ll be able to (as of late March 2018) now use Google Assistant on sure Android telephones and iPhones to pay with Google Pay Send. Note that the service does not work with Siri herself, as Venmo and Square Cash do.
You can use the service from some expensive smartwatches from Tag Heuer, Louis Vuitton, and Movado, and a few extra inexpensive fashions from Huawei and LG. Your intrepid reviewer has not but taken these out for a spin.
Security and Privacy
The trade-off of diving too deep into any digital ecosystem, particularly one as data-hungry as Google’s, is determining how a lot privateness you are prepared to sacrifice for comfort. The stakes are that a lot larger when coping with monetary knowledge. Fortunately, you’ll be able to lock all of your playing cards saved on Google Pay Send behind a PIN.
Google additionally secures the service with what it calls “multiple layers of security, using one of the world’s most advanced security infrastructures.” But the corporate is not forthcoming about particulars past that. But that is not sufficient, in keeping with a Google help webpage, “Google Pay Fraud Protection covers 100 percent of all verified unauthorized transactions.”
While we belief Google to maintain delicate data secure from criminals, we do not essentially belief Google to maintain delicate data secure from the advertisers that pay the corporate’s payments. The Google Payments privateness coverage states that your cost data will solely be shared with Google corporations, however keep in mind, DoubleClick is a Google firm, together with many others.
Finally let’s recount the app’s limitations: It solely works within the US, not like choices similar to Xoom and PayPal, which work in lots of international locations and with many currencies. NFC funds, present playing cards, and buyer loyalty program administration, aren’t a part of its arsenal, however at the moment are dealt with individually by the Android-only Google Pay. Google additionally deserted the bodily Google Wallet Card, so there is no longer a chunk of plastic tied to your account that can be utilized like a debit card. Among well-liked cost providers we have examined, solely Square Cash presents a bodily cost card now.
Back to Basics
After complaining in regards to the final Google Wallet feeling too stuffed, dinging it for eradicating options would possibly sound hypocritical. However, the issue was by no means that the app did an excessive amount of, moderately that it simply dumped all that performance on the person in a complicated method. The easy interface of the brand new Google Pay Send is an enchancment. Though the nomenclature is perhaps complicated, maybe splitting Google’s mobile-payment platform into two completely good apps with clear functions—Google Pay Send for paying associates and Google Pay for paying companies—is a great transfer. But that alternative additionally implies that every app, individually, is now much less succesful. Venmo, is our present Editors’ Choice for person-to-person funds, and Samsung Pay is our in-store cost app decide.