Googles Own "Paypal"

**talkgold** · #1 06-19-2005, 03:10 PM

Wow, this is pretty interesting. They would also allow adwords advertisers to pay for their ads from their google account as well as have adsense earnings depositted there. I'm surprised it has taken them this long to come up with this. We need some competition to paypal.

Quote:

Google Set to Offer
Payment Service to Compete
With eBay's PayPal

By KEVIN J. DELANEY and MYLENE MANGALINDAN
Staff Reporters of THE WALL STREET JOURNAL
June 18, 2005 8:54 p.m.

Google Inc. this year plans to offer an electronic-payment service that could help the Internet-search company diversify its revenue and may heighten competition with eBay Inc.'s PayPal unit, according to people familiar with the matter. Exact details of the search company's planned service are not known. But the knowledgeable people say it could have similarities with PayPal, which allows consumers to pay for purchases on Web sites by funding electronic-payment accounts from their credit cards or checking accounts. Some consumers like PayPal for the security it offers, since it allows them to share their banking or credit-card numbers only with PayPal without having to divulge the information to merchants....

croiadh · #2 06-19-2005, 03:26 PM

Any competition to paypal would be good, if the new service could get a hold on the market paypal has.

Most of paypal's clients use it to pay for ebay purchases so getting a ebay member to convert will be hard

I for one would welcome the new service

yakuza · #3 06-19-2005, 03:32 PM

I think you missed this

http://talkgold.com/forum/r23976-.html

boeze · #4 06-19-2005, 03:39 PM

Oh my God,

This processor is going to be HUGE like all other Google"s related programs (Adsens, Adwords, Gmail).

I'm more then excited to see the battle between PayPal and Google !

martin76 · #5 06-26-2005, 12:40 AM

Quote:

Originally Posted by boeze

Oh my God,

This processor is going to be HUGE like all other Google"s related programs (Adsens, Adwords, Gmail).

I'm more then excited to see the battle between PayPal and Google !

Adsense is what I love the most!!

rww · #6 06-28-2005, 06:38 PM

I think it's about time paypal had some serious competition.

By the way...I have free gmail invitations...if anyone wants
one.

rww

Darthvazor · #7 06-28-2005, 07:02 PM

Google made clear that their pay system WILL NOT compete with Paypal or Ebay. Google said it won't hurt one of their most valuable consumers. http://today.reuters.com/sponsoredby...-GOOGLE-DC.XML

Google wont explain in details what their pay system does. So we have to wait and see in future to see what it is.

Darthvazor

shoteka.sanuye · #8 06-20-2005, 04:27 PM

Yes but as we know none of them will be able to take down e-gold supremacy

boeze · #9 06-21-2005, 11:05 AM

Quote:

Originally Posted by shoteka.sanuye

Yes but as we know none of them will be able to take down e-gold supremacy

True,

But the big difference is that Egold doesn't have the withdraw to bank account option and debet cards etc. That along with some other things is what Egold is missing..

Blakthorn · #10 06-21-2005, 10:24 AM

i cant wait for this to come out