This week, Google announced a new feature for the Google Wallet App. The ability to send money to others via phone messaging. According to Google;
Send money to anyone in the US using an email address or phone number. It’s fast, easy, and free to send directly from your debit card, bank account, or Wallet Balance.
When you receive money, you can quickly cash out to your bank account using your debit card, or spend it instantly with the Google Wallet Card.
Many of us have already had this ability for some time, via BBM with PayPal integration. I’ve used this a few times myself, and it just doesn’t get any easier than this.
Between Google Wallet and BlackBerry with PayPal integration, who wins? Google Wallet will work only with Android and iOS. BBM, as we all know, is truly cross platform, working on BlackBerry 10 (and BlackBerry OS), Android, iOS, and even Windows Phone. Google Wallet only allows money transfers within the US. BBM with PayPal is still not worldwide, but isn’t only limited to the US. Google Wallet is free, and that is a big win, however, I trust BlackBerry with ensuring my financial information is secure. I don’t have that same trust with Google.
We can be sure that Google will once again be successful in their new venture, however, we will remember that once again, BlackBerry was first.