Long before now, we’ve been sending and receiving money online via different services such as PayPal, Venmo etc. Online payments has been the biggest and fastest way to send, receive money and pay for goods and services.
Google thought that it’s a useful method to pay for your share of a group activity, such as a dinner bill or a trip. Using the feature is pretty simple: simply tap the attachment paperclip icon in the Gmail app when Composing a message, and choose to either send or request money from there. No other app installations are needed, and it’s free for both the sender and the recipient. Oh, and people with non-Gmail email addresses can engage in this as well.
Unfortunately, the service is only available if you’re in the US. The update hasn’t been rolled out fully, but expect the feature to hit your Gmail app sooner or later.