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Google Wallet apparently makes it easy to send money to friends, but it's not clear what can they do with any funds received; there seems to be no mention of any methods for withdrawing the money.

Does this mean received funds need to be spent through a merchant that uses Google Wallet, or can they also be withdrawn (say, to a bank account)? If so, will this also work for non-US based users? (e.g., I'm in New Zealand)

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The money can be withdrawn to a bank account, or left in a Google Wallet account for further use. Currently, every mention of the new service highlights it supports US residents only. Sorry :(

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