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According to some reports, Google is setting up a new Gmail tool that would allow account holders to pay their bills from directly within the famous e-mail service.
A a document published by Recode website, the new service will be called dubbed Pony Express. Ti would enable Gmail users to pay service providers and other bills without ever leaving the inbox page of the Google web-mail service.
The initiative would require Gmail users to sign up using their real name, social security number, phone number and payment information. Google would use a third-party financial company to ease payment on behalf of the service provider and after that to make the transaction with your money.
After providing the credentials, the user would have the option to connect the bank account to Pony Express. Currently, this can’t be done with Google Wallet, so it’s possible that Google will broaden the Wallet service to encricle linking of bank accounts.
Pony Express would save users the trouble of logging into their respective accounts each time they wish to pay a bill. All the bills would also be sent to a special folder within the Gmail account, which will greatly help users to keep record of payments that are due.
The report states the service will also give users the option to split bills with other Gmail users, a neat feature that would be very helpful for members who live in the same space and all use a particular service.
According to the document, Google is planning a late-2015 launch for the service, which would stretch Gmail’s reach further. The company is already consolidating Gmail information, such as appointments and travel schedules into Google Searches. Also, the new Gmail Inbox app is showing prevalent information such as incoming shipments.
It’s also possible the IT giant could use this scheme as part of its plans to further expand the Google Wallet mobile payments platform. It’s not yet known if this will be a paid feature, but Google would try to monetize it at some point. The new Google service will require a few days to make sure payments arrive on time, and offers an will offer a accelerated delivery for the bill payments.
According to other reports Google is also developing a service which would allow users to authenticate mobile payments nu simply typing their initials.
Image Source: Mashable
