Tag Archive: payments


wallet-gmail

In May, Google announced that its online and mobile payments solution Google Wallet would be integrated within Gmail in the coming months, but no exact time frame for the rollout was given. Now, it appears as if more users are gaining access to the Google Wallet in Gmail feature, as invitations are hitting Gmail inboxes.

These invites are arriving in Gmail’s new “Updates” tab. (Update: Originally, we were hearing they were arriving in the main inbox, but Google informs us this is not the case.)

Anyway, below is the example of what the invite looks like:

For those unfamiliar, Google Wallet is the company’s payments platform and answer to PayPal, which allows users to store their debit and credit cards in a secure service for easy access. Wallet can be used when shopping online, including on e-commerce websites, and within Android applications where virtual goods, in-app purchases, and even physical goods and services, are sold. On Android, an NFC-based Google Wallet mobile app allows for transactions at supported point-of-sale and other NFC-based terminals, but adoption there is limited due to mobile operators’ restrictions enacted because they invest in their own competitor called Isis. (Greed is why we can’t have nice things, folks).

With the announcement in May, Google informed us that it would soon offer another way for the payments service to be used – that is, within Gmail. A new dollar sign icon in Gmail will appear, allowing you to “attach money” to your message. The icon sits near the attachment paperclip icon and Google Drive icon for attaching files from the cloud in the new “Compose” experience in Gmail.

Since early beta testers could invite others to Google Wallet for Gmail by sending money, some came up with ingenious ways to invite others by sending small amounts – like a penny – to those who asked. But most of us simply waited for Google to send the invitation after registering our interest. These invites are arriving first to Google Wallet’s early adopters, before the feature is more broadly rolled out to all of Gmail’s user base.

After clicking on the “Get started” button in the invite, or heading directly to wallet.google.com/p2pAccess, you’ll have to confirm your identify in order to comply with U.S. financial regulations before being able to use Google Wallet in Gmail. This will involve providing your date of birth and last four of your Social Security Number, Google explains.

This verification process takes only a second or two, and then the new “attach money” icon will appear when you return to Gmail. (Note that users who have declined to upgrade to the new “Compose” interface in Gmail won’t have the option to send money until they make that switch.)

We reached out to Google to ask for more details as to the progress of the rollout itself, and the company explains that the invites arriving now are going to those who had previously signed up to receive the next version of Wallet at http://www.google.com/wallet.

It also appears that several users have been excited enough to post about their invitation’s arrival on Twitter. (I’m about to do the same.)


Google Wallet has hit some hurdles in recent months, following the departure of Google Wallet head Osama Bedier. Google also scrapped plans to launch its physical Google-branded payment card which had been tested as an alternative to NFC, but found to not be up to par by CEO Larry Page.

Wallet in Gmail gives the maligned service another way to grow – by tapping into a user base of some 425 million plus email users. However, Wallet for Gmail is only available to those over 18 and in the United States for now. Expansions to other parts of the world have yet to be announced.

Twitterglobe-feature

According to sources close to the situation, Twitter is planning on waiting until after its IPO – which is set to take place next week – to name its first woman to its board.

The move makes some level of sense, mostly because it would be difficult to have any new board member join the San Francisco-based social microblogging company now, given that that person would have to sign off on the public offering with little knowledge of its details.

Sources also added that while many are expecting Twitter to seek out a female director with media or tech experience – and there are many laudable candidates in both those areas – the company’s execs, especially CEO Dick Costolo, believe that one with international expertise is more important.

The reason is clear – Twitter is a global player, and runs into thorny issues all over the world around the proliferation of its open service. You might imagine that, in the future, as it grows, the company will face even more international conundrums that it will need a lot of mental heavy lifting to work out.

While the board had put former Secretary of State Hillary Clinton on the top of its overall list, she has not been contacted about joining as a director. She’s also likely to not be available, either, especially given that she is expected to run for the Democratic nomination for president of the United States in the 2016 election.

(Sorry, but she’s busy, boys! While Twitter chairman and co-founder Jack Dorsey will be bummed, most there actually considered her a very long shot.)

The number of women with international experience is also long. But if I were to bet on whom Twitter is considering for its top picks, I would name only two: Condoleezza Rice and Madeleine Albright.

Albright, among her many diplomatic roles, was the first woman to become the Secretary of State, named in the Clinton administration. She is now a professor of international relations at Georgetown University’s Walsh School of Foreign Service (disclosure: I went there), and is also chairman of the Albright Stonebridge Group, a global strategy firm.

Also – keep up, Peter Fenton! – she is fluent in French, Russian, Czech, Polish and Serbo-Croatian, serves on important boards such as the U.S. Department of Defense’s Defense Policy Board, and has written five books.

In addition – and this is just from my several encounters with her over the years – Albright takes no guff.

Neither does Rice, who also has some big cred in her corner. Along with other big government posts, she also served as Secretary of State under former President George W. Bush.

Rice also has some Silicon Valley links, both as a top administrator and professor at Stanford University, and her recent relationship with Khosla Ventures.

The VC firm signed a deal late last year with RiceHadleyGates, the international consulting firm that Rice runs, to “bring global and domestic insight to Khosla’s portfolio companies, helping them achieve their strategic goals in industries such as technology, energy, security and healthcare.”

No matter their gender – although that would also be a plus – either Rice or Albright would certainly be an asset for Twitter. The company has attracted not-undeserved scrutiny over not having a woman – or any diversity at all, really – on its board.

That board now includes: Former Netscape CFO and investor Peter Currie; former News Corp COO and Hollywood mogul Peter Chernin; Silicon Valley venture capitalist Peter Fenton, of Benchmark Capital; former DoubleClick CEO David Rosenblatt; Jack Dorsey (also CEO and founder of hot payments startup Square); co-founder and serial entrepreneur Evan Williams (now working on an innovative new publishing platform called Medium); and CEO Dick Costolo, who has already attracted controversy over the issue.

The lack of a woman on the board of a company is particularly glaring, given that numerous studies show that more women use Twitter than men, and that it is aiming to be a global company that represents, well, all of humanity.