D0GG Posted June 20, 2005 Share Posted June 20, 2005 Search engine outfit Google is planning to offer a secure online payment system to beat up Paypal, by the end of the year.According to the Wall Street Journal, Google’s cunning plan will help diversify its revenue.So far, few details of the Google plan are known. But the Wall Street Journal quoted people who ‘were familiar with the matter’ so it must be true. The system planned will be very similar to PayPal, which has proved to be a nice little earner for eBay.Source Link to comment Share on other sites More sharing options...
nsane Posted June 20, 2005 Share Posted June 20, 2005 awsome, maybe more companies will start accepting online payments now. as most companies hated it because paypal has a stick stuck you know where :huh: Link to comment Share on other sites More sharing options...
Samurai Posted June 20, 2005 Share Posted June 20, 2005 Interesting.I see a Google credit card coming out sometime in 2007 too :huh: Link to comment Share on other sites More sharing options...
Zeus_Hunt Posted June 23, 2005 Share Posted June 23, 2005 Google is officially thinking of an online payment service, but not necessarily similar to eBay’s PayPal, as previously rumored.“The payment services we are working on are a natural evolutionof Google's existing online products and advertising programs, which today connect millions of consumers and advertisers” Google CEO Eric Schmidt said to Reuters.Schmidt added that his company is not looking for a "person-to-person stored-value payments system”, but for an improvement of “the user experience”.The rumors on Google competing to eBay on a PayPal system mentioned by the Wall Street Journal on Friday led to a decrease of eBay share prices with 0.9%. Link to comment Share on other sites More sharing options...
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