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- internet search engine laptop netbook notebook 163109 1 150x150 - Google Assistant Now Allows Users to Pay and Request IOUs | Bank Innovation

Google is now letting its pay or request ‘IOUs’ from friends via Google Pay, further interconnecting the payments service with its other products.

Users will also be able to send money from its voice-activated speaker Google in the coming months, the company said in a blog post published yesterday. In the post, Google said:

Starting today, you can ask your Google Assistant to pay your friends back with Google Pay, so you can spend more time having fun and less time dealing with the hassle of paying each other back.

You can easily send or request money from your contacts—for free—using the Assistant on Android and iOS phones in the U.S.

How exactly an ‘IOU’ payment differs from a standard P2P payment, the blog did not mention.

The post comes after Google integrated its two payment services, Google and Android Pay, into one —under the Google Pay banner—in January .

Read more at Google and PYMNTs.

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(https://bankinnovation.net/2018/03/google-assistant-now-allows-users-to-pay-and-request-ious/)

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