The company is working on a project that will allow Gmail users to get their bills directly in their Gmail inbox instead of their Mailboxes. Pony Express, the service designed to let people pay their bills directly from their Gmail accounts.
The transactions will directly happen on Gmail inbox and the user will not be redirected to a telecom or utility company's website to control a payment to a specified vendor.
The new service by Google is expected to start by the last quarter of this year. It is still not confirmed whether Pony Express is a code name or we'll see a separate name when the payment gateway finally makes its way to the market.
With a project like Pony Express, Google could have a handy financial aid considering the company's urge to grow and expand their business. A users bills and payment history can be an open database for industries such as personal finance or lending.
Upon registration into the service it'll ask the user for their name, address, partial and full social security number. Users might also have to provide information such as a full credit card number or telephone service account number to get started.
As of now, Google is partnering with third party vendors that print and mail out bills on behalf of service providers such as insurance companies. Once a user is authenticated, he or she can start receiving bills or other mail in Gmail or the Inbox app.
The service appears to let people choose to pay a bill right from within Pony Express, using a link with a bank account or a debit card.