Google Launches PayPal Rival

Posted by ryuzaki0 on Thursday June 29, 2006 @12:14AM from the lookit-all-them-teeny-payments-vern dept.

Google Checkout Launched Roy van Rijn informs us that Google's new online payment system is now online. "Under the name Checkout, the venture offers an incorporated manner to search, advertise and pay. If you buy something on Checkout, 2% and $0.20 go to Google. Paypal, the biggest competitor uses 1,9% and $0,30. Analysts compare Google/Paypal to for example Visa/Mastercard living peacefully together, while others predict the end of Paypal." W3K adds "You can use your Google account to store an unlimited number of credit cards and addresses. The service allows you to track all your orders and shipping in one place," and adds a link to a quick video tour.

5 of 449 comments (clear)

Re:End of Paypal ? by grazzy · 2006-06-29 00:20 · Score: 5, Funny

I'm not sure gBay agrees.
Re:Money transfers? by Poromenos1 · 2006-06-29 00:46 · Score: 5, Funny

Learn the difference between "Gpay is useless" and "Gpay is useless to me". I would pay for your English lessons, if I could use Gpay to transfer funds from Greece.

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Re:monopoly at eBay by Anonymous Coward · 2006-06-29 00:48 · Score: 5, Funny

Name 412 of them.
Re:NYT article by NatasRevol · 2006-06-29 00:57 · Score: 4, Funny

"Wright 5 dollars"

Does it have an old plane as the background image??

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Re:monopoly at eBay by SYRanger · 2006-06-29 01:58 · Score: 5, Funny

I bet you don't accept African Express.