If you are in the US or UK, you can exchange money with friends and family quickly and safely using Google Wallet. You can also do this directly from Gmail.
If it is your first time sending, receiving, or requesting money,
you may need to verify your identity. Once you verify your
identity, any money someone sends to you will automatically go
into your Wallet Balance.
Receiving money, and transferring it to your bank account, is
always free no matter which payment source the sender uses.
Sending money is also free using a bank account or debit card, but
has a 2.9% fee if you use a credit card. Most transactions are
completed within 2 business days or less.