Google Wallet Adds Recurring Bank Transfers, Low Balance Alerts

Chris CrumeCommerce

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Google announced that Google Wallet users can now add money to their balance using recurring bank transfers. The company insists that this is secure.

Also new to Wallet are low balance alerts that let you know when you're getting close to running out of money.

"With recurring bank transfers, adding money to your Wallet Balance takes care of itself," says product manager Andrew Waterman. "Simply schedule a recurring transfer from your bank account right into your Wallet Balance, and never worry about adding money to your Wallet Balance again. Choose the amount, set a schedule (weekly, bi-weekly or monthly) and you’re all set. Money will be added to your Wallet Balance automatically, and you can cancel your transfer at any time."

google wallet recurring bank transfers

"There are no fees or minimum balance requirements for your Wallet Balance. And rest assured, your money is safe," he adds. "Your Wallet Balance is backed by 24/7 fraud monitoring and the Google Wallet Fraud Protection Guarantee, which covers 100% of any transactions made without your authorization. If your device is lost or stolen, you can easily disable the Google Wallet app online or by contacting Google customer support."

The low balance alerts are pretty self-explanatory. You can turn them on or off.

If you like to use your Google Wallet Card much, these new features should be pretty handy.

Image via Google

Chris Crum
Chris Crum has been a part of the WebProNews team and the iEntry Network of B2B Publications since 2003. Follow Chris on Twitter, on StumbleUpon, on Pinterest and/or on Google: +Chris Crum.