Google Announces One Pass Payment System
eldavojohn writes "Riding the tail of Apple's 30% announcement, Google's Eric Schmidt has announced One Pass, a new method for users to pay for content. The BBC is reporting that Google is taking a 10% cut. One Pass will work on Google sites and on phones and tablets as the announcement notes: 'Readers who purchase from a One Pass publisher can access their content on tablets, smartphones and websites using a single sign-on with an email and password. Importantly, the service helps publishers authenticate existing subscribers so that readers don't have to re-subscribe in order to access their content on new devices.' This is to be handled through Google Checkout."
You mean the payment system that's only available to businesses in about three countries and completely useless to the rest of the world?