Google may be working on a new service, code-named "Pony Express", that could allow Gmail users in the future to both receive and pay online bills directly from the email service.

Pony Express

The report comes from leaked documents that were first reported by Re/code. They show how Gmail "Pony Express" users will first have to provide personal information to a third party that then confirms their identity. It adds:

Once a user is authenticated, he or she can start receiving bills or other mail in Gmail or the Inbox app (Google's new email app). E-billing is not a new thing as pretty much all major financial, telecom and utility companies allow for paperless billing. But Google could play up the fact it can organize a Gmail user's bills automatically in a special Pony Express folder.

Gmail Pony Express Payments

The service will also allow users to send payments from Gmail, via a link to a bank account or a debit card. The documents show that payment of bills can also be shared with another Gmail user.

"Pony Express" could launch sometime in the fourth quarter of 2015, according to Re/code but Google has yet to confirm this report. The company is already allowing Gmail users in the US, and more recently in the UK, to transfer money to other people via Google Wallet.

If this service goes live, it may have to compete with similar services such as the Snapcash feature in Snapchat and Square Cash, which are currently limited to just transferring money to other people.

Source: Re/code