Sending Money as an Email Attachment Using Google Wallet: Is it Safe?

In the near future, Google Wallet users will be able to link their accounts to their Gmail accounts and attach a dollar amount to send along with the email just like you would attach a photo or file today.

While many exciting announcements were made at Google I/O, one of them stuck out to us. In the near future, Google Wallet users will be able to link their accounts to their Gmail accounts and attach a dollar amount to send along with the email, just like you would attach a photo or file today.

google walletThe new “money as an attachment” feature is free for users with bank accounts linked to their Google Wallets, as well as to users with prepaid Google Wallet accounts. There will, however, be a charge for sending money from a credit or debit card.

Is it safe?

The ability to send money as an email attachment is just one more step towards the possibility of a completely paperless world, but it also raises concerns about security.

While we receipt fanatics here at Shoeboxed are excited to see what the receipt for sending money will look like, we are also concerned about the risk of sending money via email. After all, it would only take someone hacking your Gmail account to also hack your bank account!

Remember when over 400,000 usernames and passwords were stolen from Yahoo, Gmail, Hotmail and more last summer? It’s just a reminder that no site is completely secure– not even tech behemoths like Google. If someone were to access your account, they could start emailing money to themselves in just a few clicks! However, we are confident that the geniuses over at Google will come up with safeguards for its users and will be interested to see how those shape up.

Why would you use this?

We are certainly thrilled that this feature removes another piece of the paper puzzle from today’s daily life! Instead of stopping by the ATM to get cash so you can reimburse your friend for last week’s lunch when you forgot your wallet, just open your Gmail, attach the dollar amount to the email and press send! You’ll also have a digital trail of the money, which is always great when you’re watching your budget or tracking business expenses.

Do you already use Google Wallet, or do you plan to sign up because of this new feature? Do you think you’ll try sending money as an attachment when it’s available? Let us know in the comments!

Image via dailyfinance.com

Organize Reimbursements with Shoeboxed

One of the biggest benefits of organizing your receipts is for reimbursement purposes. Everybody has been reimbursed at some time or another, and everybody knows the rule: you’ve got to have your receipt. Despite this, it can be a pain to keep track of everything you bought. Most of us have had to “eat” an expense that should have been paid for by someone else because we couldn’t find the receipt for it.

So how can Shoeboxed help? Well, first off, everything that you buy online will be in an easy-to-read, tabular format. And they’re not going anywhere either. You will always have easy access to everything you’ve bought online.

Also, you can easily forward any of your receipts to anyone at any time. Need to send a receipt to your boss for that fax machine you ordered for the office? No problem. Just click on the receipt from the My Receipts page. Then click “Forward this receipt.” Enter your boss’ e-mail address, and you’re done. Expect your check in the mail in 4-6 weeks.

Save money, save time, save frustration, get on Shoeboxed.

Have you used your Shoeboxed account in a really creative way? Do you feel uncomfortable with all the free time you have now that you’re Shoeboxing? Tell us about it! Send us an e-mail at help(at)team(dot)shoeboxed(dot)com.