PayPal vs Google(Buy) · Slashdot Mirror

PayPal vs Google (Buy)

Posted by Hemos on Monday February 6, 2006 @03:18AM from the everyone-knew-it-was-coming-eric dept.

pc-facile.com writes "While Google Chief Executive Eric Schmidt confirmed in press accounts that the company was building a payment service, Mr. Schmidt also denied it would directly compete with PayPal. Mr. Schmidt said Google didn't intend to offer a "person-to-person, stored-value payments system," which many people consider a description of PayPal's service. Mr. Jordan (PayPal chief) says he and his team immediately "dissected the wording" of Google's statements. He says he doesn't believe Mr. Schmidt..." There's also a more in depth WSJ article about the service.

2 of 242 comments (clear)

Re:Why Bite the Hand that Feeds? by LiquidCoooled · 2006-02-06 03:23 · Score: 4, Funny

It could be some form of micropayments transactional system.
They certainly have the capacity and hold enough information about each of us in the magical cookie.

Pay per click brought to life.

I'm sorry, this link is not available. Please ensure your paypal account is topped up

--
liqbase :: faster than paper
Google by propertechdotnet · 2006-02-06 03:26 · Score: 5, Funny

Google has their hands in everything. If they develop a news site geared towards nerds, it's over.