Google launches PayPal killer
Posted on July 11, 2006
- Particating sites are marked as such (with a green shopping cart icon) in Google search results.
- Orders from different sites can be viewed in one list, with date, amount and shipping status.
- Google Checkout will hide your credit card details, and even your email address, from the vendor.
Conceptually very sound, I would say, but you can't help that nagging "world domination through partipation" feeling that comes with every new rollout from Google into another part of our online lives.
Google Checkout checked out
Google checkout just showed up week ago but then ebay got scared so much and kick its Paypal CEO out and banned google checkout system for ebay payment system.
I understand they don't want any confilct and competition with google but it was WAY to early to move like that.
Even Paypal CEO said he quits for the matter of his family. I don't believe so.
I kind of like this article.
Posted by: MK at July 11, 2006 05:17 PM .
Thanks for the article. I quote:
Mahaney adds that biggest competitive advantage could be the smaller fees Checkout charges merchants. He estimates it would offer an annual savings of 4 percent. Google even has plans to give Google customers using adwords a further discount “potentially bringing the savings up to 25 percent higher, under certain scenarios.”
Posted by: bsn at July 11, 2006 05:20 PM .