Google aims for PayPal
Allegedly...
Posted in IT Channel, 20th June 2005 14:38 GMT
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
Software Life-Cycle Modeling
Perforce SCM
Securing your Apache Web Server with a thawte Digital Certificate
Fundamental Principles of Air Conditioners for IT [WP 57]
Emails show journalist rigged Wikipedia's naked shorts
Apple ups the ante in Psystar battle
Credit crunch hitting IT mergers