Google Expected to Unveil Payment System
From Reuters
Google Inc. is expected to unveil today an online payment system called GBuy, which analysts say will allow merchants to accept payment for services and could become a broad-based alternative to EBay Inc.’s popular PayPal.
Danny Sullivan, editor of SearchEngineWatch.com, said he expected Google to target online merchants rather than consumer-to-consumer payments, which is PayPal’s traditional strength.
