Google has confirmed it is developing a “brand new” Google Wallet app for Android and iOS that will allow anyone with a US debit card to send and receive money for free “within minutes”, even if the other person doesn’t have the app.
“We have seen incredible growth in the number of people sending and receiving money to their friends and family using Google Wallet, whether from Gmail, the web or the Wallet app,” the company wrote in a Google+ post.
“So, we’ve decided to focus on making this experience even better and are working to build a brand new Google Wallet app for Android and iOS.
“The money you receive can either be directly sent to your bank account or it can be spent in stores using the Google Wallet card. We look forward to sharing more details in the coming months.”
The Google Wallet announcement follows the company’s unveiling of Android Pay, a mobile payment solution that adds tokenization and fingerprint verification to Google’s existing support for host card emulation (HCE) and NFC payments.
UPDATED More details on Google Hands Free are now available here.