Google Wallet Money Transfer. Google Wallet was released in 2011 and was replaced in 2018 with Google Pay. It is a tool that allows users to make payments for purchases using their Smartphones or by transferring fund to their bank account. In this article, you will be guided on how to use Google Pay to send money or deposit money into your bank account. You also see how to secure your password to secure against account issues. I will encourage you to read on this article Google Wallet money Transfer
How to set up a Google Pay Account?
First, to use the Google Pay effectively you will need to set up a Google Pay account. Here are the few steps to follow:
- Go to Google play store or Apple store or pay.google.com
- If on the Google play store, search and download the Google Pay app for
- Sign in to your Google account and add a payment method
Now you have set up your Google Pay account, you are now ready to begin using the account. You can now send money to friends and family, and anyone just by using their email address or phone number. Also, you can use Google Pay to transfer money to your bank account. Google Pay is free on transfer. But it works only in the United States. To use this service kindly confirm from your issuing bank that offered you credit card or visit Google pay’s frequently asked questions.
How do I use Google Pay to transfer money to your bank?
There are many options such as you will see below
Using your Mobile device (Android)
- Go to Google Pay app
- Navigate to the button of the page and click on ‘Payment’
- Under “Google Pay balance” click on ‘Cash out’
- Next, enter the amount you desire to transfer
- Confirm the payment method
- Click on the ‘Transfer’ button.
Using your iPhone/iPad
- Go to Google Pay app
- Click on ‘Payment Methods’
- Under the ‘GooglePay balance’ tap on More (sign with three horizontal lines) and you will see ‘Cash out’ option
- Enter the amount you want to transfer
- Confirm the payment method you are using
- Click on the ‘Transfer’ button
Using a computer or desktop
- Sign in to payment method
- Under “Google Pay balance” click on ‘Transfer balance’
- Enter the amount you desire to transfer
- Confirm the payment method
- Click on the ‘Transfer’ button.
How to Use Google Pay to Send Money
Using Google Pay to send money can be us win three options such as using the desktop, Android device, and IOS devices.
Using Your computer
- On your desktop go to https://pay.google.com
- Click on Send or request money
- Click Send money
- Enter the particular amount you want to send
- Key in the recipient’s name, email address, or phone number.
- Check to confirm your entries if they are correct (the right amount, payment method)
- Then click on the ‘Send’ button
In case of mistakes or a change of mind, quickly use a few seconds to click on the ‘cancel transfer’ button.
From iPad/ iPhone
- Go to Google Pay app
- Navigate to the button of the page, click on ‘Send or Request’
- Choose a contact you are sending money to
- Enter the amount and click on ‘Send’
- Check and confirm or change your payment method
- Click on the ‘Confirm and Send’ button
From Your Android device
- Open your Google Pay app
- Scroll down to the bottom right side of the page
- Click on the Send
- Scroll down at the bottom, click on +Send or request
- Choose your contact, and enter the amount
- Click on Send
- Confirm or if necessary change your payment method
- Next, confirm and Send.
It is very important to know that, for all your sending options using your Google Pay balance or debit card is always the fastest. If the recipient does not use Google Pay and does not claim the money in the next 14 days the money will be reversed back to your account. However, also know that there are limits to the amount of money you can send on Google Pay.
- For transaction over $2,500, the recipient will need to add a bank amount to claim the money
- For Florida residents, you can send up to $3,000 USD every 24 hours
- Single transaction up to $10,000 USD
- Transactions in 7 days up to $10, 000 USD.
In conclusion, Google makes it very simple to transfer money or pay for purchases using your Google Pay. You also need to keep your financial documents well secure to avoid any fraudulent activities on your account.