On Gear Live: How to set up Handoff in OS X Yosemite & iOS 8

Sunday June 19, 2005 1:42 pm

Google To Offer Healthy Competition To PayPal


Posted by Devin Categories: Corporate News, Internet


Google Pay Service Those of you who don’t like PayPal should be pretty happy to hear this news- the Wall Street Journal reported online Friday that search engine giant Google is planning to roll out it’s own payment proccesor sometime later this year.  This could be bad news to PayPal owner eBay, since the payment processor accounted for 23% of eBay’s revenue in the first quarter of this year.  Google could pose a major financial threat to one of it’s biggest advertisers, but that might not be such a bad thing.

Expanding into online payments might make Google less dependent on advertising, which accounted for nearly all of its first-quarter revenue of $1.26 billion. The merchants who run auctions on eBay are major buyers of Google’s ads, which appear alongside search results.

Read More | USA Today


  • Related Tags:

Latest Gear Live Videos

Advertisement

Comments:

Woot!  I’m jumping on that bandwagon early, I’ll tell you that much.  #### Paypal right in the… anyway, yeah.  Go google!

Now this I trust…compared to that greenzap :|

<i>Now this I trust…compared to that greenzap :|</i>

Totally.  I trust it way more than paypal, too.


Comments: Page 1 of 1 pages

Advertisement

Post a Comment:







Smileys

Remember my personal information

Notify me of follow-up comments?



Advertisement