You can transfer money to your friends and family by using alexa on your amazon shopping app

Amazon's Alexa may turn into the Venmo of voice later this year. Daon, a Virginia company that develops biometric software for governments and banks, has created a way for financial institutions to let their customers send money to friends, a landlord or just about anyone else using Alexa. And, yes, it will prevent an annoying friend from yelling to your Echo speaker to send him cash. The company, which helped "Our banking and financial customers are keen to provide this for their consumers," Daon CEO Tom Grissen said in an interview. The new Alexa capability shows the potential of the voice assistant becoming a more powerful agent for consumer banking. The tech could also help Amazon become a bigger player in the banking world, a new area it's expected to pursue. The world's largest online store is Watch this: Would you use Alexa to send money? 02:00 It's a crowded payments field Payments via Alexa could face plenty of competition, so it's unclear whether people will gravitate toward the new concept. Phones have already made it easy to send and receive money among friends and family, with the help of services like Venmo, PayPal, Square Cash, Zelle and Apple Pay Cash. Google Assistant -- Alexa's primary competition -- doesn't yet offer peer-to-peer payments either. "All organizations, banks included, should be putting a strategy together for these devices," he said. "These devices are selling faster than smartphones sold when they were first introduced." How it works Daon'...

Your friends are always gushing about the cool things you've programmed your Amazon Echo to do -- from turning off all the lights and TV when you leave the house to starting the coffee maker the moment you dismiss your alarm. And with a brand-new feature for the custom routines with friends and family in less than 30 seconds. Here's why that's great for everyone. Let's say one of your time-saving routines comes up in conversation. Instead of you detailing exactly how you set up every step, which is time-consuming for you to explain and for the other person to follow -- you'll be able to just transfer the whole bundle using the app. Keep in mind that some routines may be better for sharing than others, especially if they involve specific skills and compatible devices the other person doesn't have. When you share a routine, it includes information like your routine's name, the event that triggers the routine (like dismissing an alarm), actions like playing a specific song or changing the color of the lights and the phrase used to start the routine. If the person you shared the routine with makes changes, it won't affect your own version of the routine. Watch this: Alexa's best hidden talent lets you make your own commands 03:32 If someone shares a routine with you that you'd like to use, tap the link that was sent to your phone. The Alexa app will open and you'll click View Routine, then Review Routine. From here, you can customize the routine to better fit your needs. You'l...

[Music in background throughout] On screen copy: FAST On screen copy: Send & Receive Money On screen: Phone showing Zelle screen in the Mobile Banking app Zelle in the Bank of America ® app is a fast and easy way to send and receive money with family and friends… On screen copy: FREE IN OUR APP and it's free in our app. On screen copy: IN MINUTES On screen: Select Recipient screen in Mobile Banking app Money moves in minutes directly between enrolled users. And, Zelle is in most people's banking apps. On screen copy: Forget Cash & Checks Forget about cash and checks. On screen copy: New message John Brown sent you $45.00 Use Zelle to send money for everyday expenses like: On screen copy: RENT GIFTS BABYSITTING DINNER Your share of the rent…gifts…babysitting…or your part of last night's dinner. Almost anyone can use it. You just need a bank account in the U.S. and a U.S. mobile number or email. On screen copy: MILLIONS ALREADY HAVE IT IN THEIR BANK'S APP Millions of people already have it in their bank's app. On screen: Choose Recipient screen in Mobile Banking app On screen copy: Terms and conditions apply. Look for the purple “Z” next to your contacts in the app to see who is already using Zelle. On screen copy: Money Moves On screen copy: Zelle ® should only be used to send money to friends, family or others you trust. We recommend that you do not use Zelle ® to send money to those you do not know. Keep in mind, when using Zelle, money moves from your bank account to ano...

If you have an Echo or other With an Amazon Household, you and other members of the family can share the benefits of an (Opens in a new window), including access to An Amazon Household can include up to two adults 18 years of age or older (this includes yourself), four teenagers 13-17 years old, and four children aged 12 and under. Children can use an Echo through a feature called Amazon Kids. Teenagers can order products on the web and stream video, but they won’t have access to your Echo or Alexa through their personal profiles. PCMag-Recommended Echo Devices Verify that you want to share your Amazon Wallet as proof that you both live in the same household. Then check or uncheck the items you want to share with the other adult, including apps and games, audiobooks, and ebooks. Click Continue and confirm the person’s name and email address, then click the Send Invite button to send them an invitation to create and join your Amazon Household. The person will receive an email, where they can click the Get Started button and head to the Amazon website to accept the invitation. They must also agree to share their digital wallet and then check or uncheck the items they want to share from their library. Your Amazon Household screen then shows the other adult as part of your household. Add a Teen to Amazon Household With this option, teens can shop online on their own, but you approve their purchases. You can set it up so that you review all orders, automatically approve orders ...

Payback, as the saying goes, can be a real…well, you know the rest. The saying rings especially true today, as more people opt to carry credit and debit cards rather than dollar bills. “Cash was once the king, and it still is in certain pockets of the economy,” says David Wolman, author of The End of Money . “But with every new digital money innovation, paper money looks more and more like a modern-day monarchy: antiquated, impractical, and expensive.” Sending and receiving money using Facebook Payments is almost as easy as chatting. Just open the field like you were about to send a message to the person you’d like to give money to. Below the chat box there’s a circle with a dollar sign in it — tap that. (If it’s not visible, tap the three-dot icon instead, and it will appear.) Then tap “Pay,” and you’ll be prompted to add your debit card information. Facebook doesn’t list any limits regarding how much money you can send and receive using the service, but the company does say in its terms that it can impose its own limits at its discretion. Google Wallet Though it’s been around for a while as a loyalty card and wireless payment system, the current iteration of Google Wallet is all about sharing your wealth with friends and family. Google Wallet doesn’t charge anything for sending and receiving money. It breaks the bank by allowing up to $9,999 in a single transaction, and as much as $50,000 over five days. The app also lets you schedule recurring (weekly, bi-weekly, or mon...

Amazon's Alexa may turn into the Venmo of voice later this year. Daon, a Virginia company that develops biometric software for governments and banks, has created a way for financial institutions to let their customers send money to friends, a landlord or just about anyone else using Alexa. And, yes, it will prevent an annoying friend from yelling to your Echo speaker to send him cash. The company, which helped "Our banking and financial customers are keen to provide this for their consumers," Daon CEO Tom Grissen said in an interview. The new Alexa capability shows the potential of the voice assistant becoming a more powerful agent for consumer banking. The tech could also help Amazon become a bigger player in the banking world, a new area it's expected to pursue. The world's largest online store is Watch this: Would you use Alexa to send money? 02:00 It's a crowded payments field Payments via Alexa could face plenty of competition, so it's unclear whether people will gravitate toward the new concept. Phones have already made it easy to send and receive money among friends and family, with the help of services like Venmo, PayPal, Square Cash, Zelle and Apple Pay Cash. Google Assistant -- Alexa's primary competition -- doesn't yet offer peer-to-peer payments either. "All organizations, banks included, should be putting a strategy together for these devices," he said. "These devices are selling faster than smartphones sold when they were first introduced." How it works Daon'...

If you have an Echo or other With an Amazon Household, you and other members of the family can share the benefits of an (Opens in a new window), including access to An Amazon Household can include up to two adults 18 years of age or older (this includes yourself), four teenagers 13-17 years old, and four children aged 12 and under. Children can use an Echo through a feature called Amazon Kids. Teenagers can order products on the web and stream video, but they won’t have access to your Echo or Alexa through their personal profiles. PCMag-Recommended Echo Devices Verify that you want to share your Amazon Wallet as proof that you both live in the same household. Then check or uncheck the items you want to share with the other adult, including apps and games, audiobooks, and ebooks. Click Continue and confirm the person’s name and email address, then click the Send Invite button to send them an invitation to create and join your Amazon Household. The person will receive an email, where they can click the Get Started button and head to the Amazon website to accept the invitation. They must also agree to share their digital wallet and then check or uncheck the items they want to share from their library. Your Amazon Household screen then shows the other adult as part of your household. Add a Teen to Amazon Household With this option, teens can shop online on their own, but you approve their purchases. You can set it up so that you review all orders, automatically approve orders ...

Payback, as the saying goes, can be a real…well, you know the rest. The saying rings especially true today, as more people opt to carry credit and debit cards rather than dollar bills. “Cash was once the king, and it still is in certain pockets of the economy,” says David Wolman, author of The End of Money . “But with every new digital money innovation, paper money looks more and more like a modern-day monarchy: antiquated, impractical, and expensive.” Sending and receiving money using Facebook Payments is almost as easy as chatting. Just open the field like you were about to send a message to the person you’d like to give money to. Below the chat box there’s a circle with a dollar sign in it — tap that. (If it’s not visible, tap the three-dot icon instead, and it will appear.) Then tap “Pay,” and you’ll be prompted to add your debit card information. Facebook doesn’t list any limits regarding how much money you can send and receive using the service, but the company does say in its terms that it can impose its own limits at its discretion. Google Wallet Though it’s been around for a while as a loyalty card and wireless payment system, the current iteration of Google Wallet is all about sharing your wealth with friends and family. Google Wallet doesn’t charge anything for sending and receiving money. It breaks the bank by allowing up to $9,999 in a single transaction, and as much as $50,000 over five days. The app also lets you schedule recurring (weekly, bi-weekly, or mon...

[Music in background throughout] On screen copy: FAST On screen copy: Send & Receive Money On screen: Phone showing Zelle screen in the Mobile Banking app Zelle in the Bank of America ® app is a fast and easy way to send and receive money with family and friends… On screen copy: FREE IN OUR APP and it's free in our app. On screen copy: IN MINUTES On screen: Select Recipient screen in Mobile Banking app Money moves in minutes directly between enrolled users. And, Zelle is in most people's banking apps. On screen copy: Forget Cash & Checks Forget about cash and checks. On screen copy: New message John Brown sent you $45.00 Use Zelle to send money for everyday expenses like: On screen copy: RENT GIFTS BABYSITTING DINNER Your share of the rent…gifts…babysitting…or your part of last night's dinner. Almost anyone can use it. You just need a bank account in the U.S. and a U.S. mobile number or email. On screen copy: MILLIONS ALREADY HAVE IT IN THEIR BANK'S APP Millions of people already have it in their bank's app. On screen: Choose Recipient screen in Mobile Banking app On screen copy: Terms and conditions apply. Look for the purple “Z” next to your contacts in the app to see who is already using Zelle. On screen copy: Money Moves On screen copy: Zelle ® should only be used to send money to friends, family or others you trust. We recommend that you do not use Zelle ® to send money to those you do not know. Keep in mind, when using Zelle, money moves from your bank account to ano...

Your friends are always gushing about the cool things you've programmed your Amazon Echo to do -- from turning off all the lights and TV when you leave the house to starting the coffee maker the moment you dismiss your alarm. And with a brand-new feature for the custom routines with friends and family in less than 30 seconds. Here's why that's great for everyone. Let's say one of your time-saving routines comes up in conversation. Instead of you detailing exactly how you set up every step, which is time-consuming for you to explain and for the other person to follow -- you'll be able to just transfer the whole bundle using the app. Keep in mind that some routines may be better for sharing than others, especially if they involve specific skills and compatible devices the other person doesn't have. When you share a routine, it includes information like your routine's name, the event that triggers the routine (like dismissing an alarm), actions like playing a specific song or changing the color of the lights and the phrase used to start the routine. If the person you shared the routine with makes changes, it won't affect your own version of the routine. Watch this: Alexa's best hidden talent lets you make your own commands 03:32 If someone shares a routine with you that you'd like to use, tap the link that was sent to your phone. The Alexa app will open and you'll click View Routine, then Review Routine. From here, you can customize the routine to better fit your needs. You'l...