Google aims for PayPal
Print storyAllegedly...
Posted in IT Channel, 20th June 2005 14:38 GMT
Free whitepaper – Why email fails
Google will launch electronic payment services later this year going head-to-head with PayPal which, thanks partly to help from eBay, is currently leading the field.
Google's Wallet service has no official confirmation but has been blamed for a two per cent fall in eBay's share price this morning - eBay owns PayPal. A spokeswoman at Google UK was unable to comment at press time.
The New York Times spoke to a leading online merchant, who insisted on anonymity, who told the paper he'd been appraoched by Google about the new service.
The paper also quoted Scot Wingo, chief exec of ChannelAdvisor, a consultancy for etailers, who said he had heard about the service from clients. A spokeswoman for PayPal told the NYT that she'd heard the rumours too but had no other comment.®
Related stories
Google finds web-only video clips
Google Books under fire
Microsoft vs Google heats up
Free whitepaper – Solving on-premise email challenges with on-demand services
Essential archive requirements for eDiscovery
Image spam: the threat returns
Jump start your Application Security initiatives
The shortcut guide to managing certificate lifecycles
Sign up, sign up for The Register IT security newsletter
Former top Sun exec mourns end of a franchise
Win an HTC Touch Diamond2!
Disties braced for autumn reseller collapses