On: Google Wallet: Send money via text message

[pavel_lishin]

And I'd love to hear their thoughts about it.

[pbreit → pavel_lishin]

Well, email, which is comparatively easy to intercept has worked for PayPal and others for over a decade.

[yc1010 → pbreit]

Actually it hasn't

The whole Paypal model is based on its reversal+ resolution process which usually favors buyer, requires an army of support personnel and has resulted in them being one of the most hated companies in world.

[pbreit → yc1010]

Well, PayPal has been pretty successful. The things you listed don't have much/anything to do with intercepted email fraud.