Google Wallet users will soon be able to send money to anyone in their contact list using just a phone number. “When you send money to a phone number, the recipient will get a text message with a secure link,” Google writes in a blogpost. “They can simply enter their debit card to claim the money and it will be available in their bank account within minutes.” Google relaunched and repositioned Google Wallet as a P2P payment solution in September 2015.
- Amazon begins delivering parcels to consumers’ cars
- Copenhagen Business School lets students make payments with just their finger — no card or smartphone required
- Contactless payments are now used for half of all public transport journeys in London
- Samsung Pay to go live in South Africa in June
- Walmart files blockchain payments data storage patents