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Google CEO Confirms Online Payment System

didde writes "Reuters is reporting on statements that Google's CEO Eric Schmidt had made regarding Google's upcoming payment system. Apparently they're not looking to compete with PayPal." From the article: "Schmidt said Google does not intend to offer a 'person-to-person stored-value payments system' like PayPal's, in which money briefly resides in PayPal's control during the transaction, but he did not give details of how the Google system would differ."

5 of 251 comments (clear)

  1. props to gnaa by Mr.+Darl+McBride · · Score: -1, Troll

    Straight Outta Compton, a crazy nigga named rkz.

  2. zzzz... by kneeslasher · · Score: -1, Troll

    1st?

  3. Introducting M$-Slashdot by Anonymous Coward · · Score: -1, Troll

    Today: M$ ads.
    Tomorrow: Only pro-M$ stories.

  4. They should concentrate on something else by Anonymous Coward · · Score: -1, Troll
  5. Re:gBay? by Anonymous Coward · · Score: -1, Troll

    >Google are going to sell video content and google bucks (or whatever)

    They call them "gooks" (GOOgle+bucKS)