Android Gmail's new feature now let's you send and request for money

As of now we can already reliably and safely share photos and files on the go with Gmail. Google announced on tuesday that Google wallet is now integrated with Gmail app for android, presenting an easy way for you to send and request money. This feature can be used to exchange money with anyone, even those who don't have a gmail address.

"Whether you're splitting a dinner-bill or planning a group trip, you now have a fee-free way to work out the details and settle up without ever leaving Gmail app on Android", Google product manager Sam Kansara wrote in a blog post.

Once you've received the latest update, you'll be able to send and request money within the gmail compose screen.

To send or request money in Gmail on android:

• Open Gmail and tap the compose button in the bottom the right corner.
• Tap the paper clip button in the upper right corner.
• In the dropdown menu, Select Send money or Request money.
• Enter a dollar amount and hit continue.
• If you don't have any payment method set up in your Google Wallet account, you'll be prompted to add a debit card before processing. Tap add Debit Card, enter all the required information and tap save.
• Add a memo for what the payment is for, such as pizza, coffee or rent.
• Tap attach money.

Since this is just an attachment to an email, you can add a recipient, subject and a message in the email body either before or after attaching the payment or money request. The recipient doesn't need to be a Gmail user or have a Google wallet account to receive funds.

Money sent to Gmail address will be deposited directly into the recipient's Google wallet account. Google even mentions that those with a Gmail account will have the option to have funds transferred straight to their bank account, free of charge.

After the email has been sent, you and the recipient will both receive an email confirmation from Google wallet containing the amount, the payment method, the recipient, the memo and the transaction ID.

At this point, the feature is only available in the U.S. via Gmail Android or the web.

Stay tuned for more news and updates: GizmoSpy.