Google Wallet adds P2P payments
22 September 2015 | 13342 views | 1
Google has released a new Wallet app for iOS with a clear focus on peer-to-peer payments and wallet-to-bank transfers.
The update enables iPhone users to send money to anyone in the US with an email address, even if they are not a Wallet user. A similar service was rolled out for Android phones last month.
Under the iOS upgrade, money held on Google Wallet can also be cashed out to a linked debit card or bank account.
Other features include the ability to set up recurring cash transfers, bill splitting and instant notifications of money movements in and out of the app.