[Entangled]

I love this idea, it can be even bigger than Paypal. Three suggestions:

First, make it a mobile app as a simplified gmail with just the recipient, the amount and a memo. That's it. In version two add the pic, avatar or whatever people use.

Second, open a new wave of email accounts since all gmail accounts are already taken so people can start using their names or businesses as email accounts again. Perhaps GoMail? And start from day one with two factor authentication so squatters don't start their party.

Third, create Merchant accounts and apps so business owners can track thousands of payments a day with tools for money management.

This was my dream solution for the mobile payment need but now that Google is going to do it I'll leave it to them.

[Entangled]

I firmly believe they have a winner, specially for the small and informal businesses, all they need is to deliver simplicity and security. The pay by email is not as important as the pay by mobile but it can be used to leverage market penetration. Later on add NFC to the mobile app to have a total winner.

Now, imagine this mobile app used to pay a taxi driver, a street vendor, a handyman, any and all informal activities that are hard to pay by credit card. Trillions a year.

Make it simple, Google, simpler than the suits can ever think of, or I'll be forced to make it with my own bare hands. All this time I've been waiting for a giant to bring mobile payment to the masses just to see Apple fall short and nobody else stepping to the plate.

Your time to shine, Google.

[dajohnson89]

Please​ make your own, so that Google has less of a stranglehold on everything.

[Entangled]

Already did it for the latinamerican market, but haven't launched it and probably never will. Banking is not hard, it's just too regulated for the mere mortal.

http://fonpago.com

[Entangled]

An important thing, besides mobile payment, will be web payment. So start a viral campaign to show people how to put their email account on their web page and ask buyers to pay their shopping carts using this Google Pay app. Use your phone app, enter the email plus a cart id in the memo field and send the money. The seller will use the cart id to verify the purchase and deliver the goods.

Pay with your phone all your web purchases. Killer.

[lern_too_spel]

That app already exists. It's called Google Wallet.

[paul7986]

Sure it can get just a big as Google Buzz or Plus.

[nimchimpsky]

or even wave