It’s not easy to send money digitally.
Paypal, an early leader in the field, requires users to have a Paypal account. Users of Venmo, a mobile app, must also have an account, plus download the app.
And Google Wallet, first announced two years ago, has struggled to get wireless carriers and phone manufacturers to install what is called near-field communication technology. NFC technology is what would make it possible for certain Android users to wave their phone at a retailer’s receiver to make a payment.
But now, Google has announced that it will allow Gmail users to attach money to emails, just as they would a photo or a document, as shown in the video. The move could radically transform the way we exchange money with friends, family and even businesses.
Users who link their bank accounts to Google Wallet receive transactions for free. Those using debit or credit cards pay a 2.9% transaction fee, and transactions are limited to $10,000.
Given that Google is the world’s largest email provider, this could help give mobile payments the push they’ve needed to go from being a novelty item to part of our everyday lives. As Quartz points out, text messaging has enabled mobile payments to become widely adopted in the developing world.
Google said it will gradually roll this service out to its Gmail users.
Read complete article on http://www.forbes.com/sites/laurashin/2013/05/16/google-to-allow-gmail-users-to-send-money-via-email/
About Shailendra Nair
AI Generalist & Executive Tech Leader in Insurance & Benefits Tech. Driving growth, trust, and resilience from AIG to Marsh McLennan.
I am an AI Generalist and Executive Technology Leader with a career dedicated to reimagining how insurance and benefits ecosystems work in a digital first world. My expertise spans Insurance & Benefits Tech, digital transformation, and cybersecurity, with a proven ability to turn technology into both a growth engine and a resilience enabler.
I have worked with global leaders such as PepsiCo, Allianz, AIG, and Marsh McLennan, experiences that gave me a rare mix of perspectives across insurance carriers, broking, and benefits advisory. This combination allows me to design solutions that balance global standards, local compliance, and client expectations while driving measurable business value.
My strength lies in full stack insurance technology leadership, covering Property & Casualty, Life, and Benefits. I bring hands-on expertise in infrastructure, cloud, security, and enterprise architecture, combined with data platforms, AI automation, and digital ecosystems. Having led across this spectrum, I can translate complex technology into practical outcomes that deliver trust, scale, and innovation.
As an AI Generalist, I focus on impact:
• Building automation first operations that scale efficiently.
• Designing chatbots and intelligent assistants to empower employees and clients.
• Deploying AI-driven QA frameworks to improve speed and accuracy.
• Exploring agentic AI roles to support compliance and transformation.
My philosophy is simple: technology should reduce friction, inspire confidence, and accelerate growth. I design platforms that enhance sales, revenue, and client stickiness, proving that tech can directly enable business outcomes. At the same time, I remain deeply client centric a solution enabler who thinks out of the box to solve real challenges and deliver measurable ROI.
🌍 What excites me most is reimagining benefits ecosystems for the future of work. Employees demand seamless digital first experiences, organizations need efficiency, and regulators require trust and security. My mission is to build ecosystems that are secure, resilient, innovative, and human focused.
The opinion expressed here or re- blogged are my personal opinion and views and has no relation to any organization , group or people.
::: Shailendra Nair ::: 