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Google Wallet users can now save time and handle money in much easier ways, thanks to the introduction of automatic transfers.

When Google introduced the Android Pay, most people thought it would mark the demise of Google Wallet platform. But the company went on to reassure users that Google Wallet would live on, alongside Android Pay. Now the company has made good on its word by updating the platform.

Google Wallet is now better thanks to this latest update, which now allows users to perform automatic transfers. Automatic transfers, eliminates the withdrawal process, giving users better access to their finances thus speeding up the process. This new feature debuted on August 25th, but will officially start operating from next week.

Users who do not fancy using the automatic transfer option can still keep or save their money with Google Wallet and withdraw money whenever they want to. Apart from that, Google Wallet users can choose to link their bank account or debit card to the Google Wallet platform, this ensures an automatic transfers service, thus allowing them to handle money with more ease.

It is important to note that it may still take a while (few days) to transfer your balance to a debit card. However, it is clear that automatic transfers are a smoother process when compared to the previous method.

This update is expected to enhance the overall experience, as Google decided to nullify the Google Wallet Card service in June. Apart from that, the update brings Google Wallet in line with its rival payment services including Square Cash, PayPal, Venmo and many others. It should help Google Wallet regain some of the lost ground in coming months.