Google today announced at it’s annual developer conference, Google I/O , at the Moscone Center in San Francisco that it has updated it’s mobile transaction app, Google Wallet. You can now send money with Gmail and Google Wallet.

Travis Green, Product Manager, Google Wallet explained the new Gmail feature in a blog post;

Google Wallet is now integrated with Gmail, so you can quickly and securely send money to friends and family directly within Gmail — even if they don’t have a Gmail address. It’s free to send money if your bank account is linked to Google Wallet or using your Google Wallet Balance. While sending money in Gmail is currently only available on desktop, you can send money from Google Wallet at from your phone or laptop. You will need to have set up Google Wallet to send and receive money.

This video explains the process in detail.