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PayPal vs Google (Buy)
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.
Pay-pal monetary holds based on some 14-year-old child's mommy-backed but invalid complaints got a LITTLE STALE after a while. eBay is full of scammers and low-buck douchebags trying to squeeze you for a nickle...and not much product I actually want.
In my mind, if you won't pay the merchant fees on the Credit Cards, you are too shady and you wouldn't get my money anyway.
Blar.