Google Wallet Allows Auto-Withdrawal From Banks

There is nothing quite like the wallet – in there, some of us store plenty of personal and private information, not to mention a line of credit, be it in the form of cash as well as other instruments such as cheques as well as the all important credit cards. Well, when you live in a digital world with the likes of Google Wallet and Apple Pay in the scene, things do change a bit as the cashless revolution goes through another change. Google Wallet cannot be used at just about everywhere just yet, but if you happen to be a user who performs semi-regular transfers from your bank, then the latest update would certainly jive with you, since one can now activate recurring bank transfers.

Apart from that, one is also able to select just the right amount as well as the schedule of when one would want to perform an automatic transfer to another account. This particular feature does have its fair share of advantages, where one right off the bat would be in a case where one is highly dependent on the physical Wallet card, which will spend the said amount of that balance each time it is charged. Assuming you have an NFC-enabled Android phone or have the preference to tap, and do most of your transactions through credit, then you also have the choice to program the app in order to inform you whenever you start to run low on cash reserves. These features are available to both iOS and Android users, but the tap-and-pay option is available only if the NFC-enabled handset you use runs on Android 4.4 KitKat or higher. [Press Release]

Edwin Kee
Categories: Cellphones, Computers
Tags: Google, google wallet