Google Wallet is to be integrated with its e-mail service Gmail to allow users in the US to transfer money as an electronic attachment.

A button in the shape of a dollar sign will appear in Gmail accounts of consumers who use Google Wallet. When clicked, users can enter the recipient and the amount they would like to send.

Once the money has been received, it can be deposited into a bank account or used anywhere Wallet is accepted.

Similar to the money exchange system offered by Google Wallet, money transfers are not linked to a bank account. Senders will have to pay a 2.9% fee per transaction if using a debit or credit card.

Google plans to roll out this feature in the next few months to all Gmail users over 18 years old.

 

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