Google Wallet adds recurring bank transfers for automatically adding money, low balance alerts

Google today announced it’s adding new ways to add money to its Google Wallet service in addition to some new features that will make keeping an eye on your balance easier. The app also appears to be getting a bit of a Material Design update on Android (as pictured above).

First up, you will now be able to setup automatic bank transfers that will ensure there is always money to spend in your Google Wallet account. The recurring transfers allow you to schedule weekly, bi-weekly or monthly deposits and can be cancelled at any time:

To set up a recurring transfer, go to “Add money” then select “Set up a recurring transfer”

The Google Wallet app is also adding a new low balance alerts feature that will send notifications when a Google Wallet balance gets below a certain amount. You can turn on the notifications and select which amount they want to trigger the alert: To set up Low Balance alerts, open the Google Wallet app and  touch“Low Balance alert” from the Wallet Balance screen.

Google’s Wallet payment service available for both iOS and Android is still limited to the US, allows users to send and receive money, but only offers contactless NFC-payments on supported Android hardware. Google also offers a physical Wallet Card that lets users spend their balance at any location MasterCard Debit cards are accepted.

Google is rolling out the new features to both the iOS and Android versions of the Google Wallet app starting this week for users in the US.