Amazon Payments went after paypal, and they will let you send $1000 to someone via credit card each month with no fee.
Now Google Wallet has also entered the space, and they’re waiving credit card processing fees as well.
Google Wallet lets you send money to someone’s gmail account. They’re still in ‘beta’ or at least I haven’t heard that they’ve come out of it, and are limiting signups. But anyone who gets sent money automatically gets to join (even if they are sent only a penny).
Unlike Amazon Payments, they started off not capping you at $1000 a month fee-free for credit card transactions.
Roughly speaking it seemed transactions under $1000 process instantly, larger transactions took a few days.
But there has always been a limit, as reader A.A. points out to me with the screen shot below:
Apparently they’ll have to ‘break up’ that transaction just a little bit if they want Google Wallet to process it for them!
Update: This post wasn’t meant as a ‘how to’ on “manufactured spend” it was meant as an amusing, light post. I enjoyed getting the screen shot I posted above. To answer questions from the comments, the current limit is $250 for free.