Google Launches PayPal Rival

Google Launches PayPal Rival 449

Posted by timothy on Thursday June 29, 2006 @08:14AM 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.

Google Launches PayPal Rival

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End of Paypal ? (Score:3, Funny)

by DrSkwid ( 118965 ) writes: on Thursday June 29, 2006 @08:17AM (#15626946) Journal

Yeah, I'm sure eBay will let that happen.

Re:End of Paypal ? (Score:5, Funny)

by grazzy ( 56382 ) writes: <(ten.ews.ekauq) (ta) (yzzarg)> on Thursday June 29, 2006 @08:20AM (#15626953) Homepage Journal

I'm not sure gBay agrees.

Hooray! (Score:4, Funny)

by chrismcdirty ( 677039 ) writes: on Thursday June 29, 2006 @08:26AM (#15626990) Homepage

Now Google can keep all of my credit cards on file for me! Maybe the NSA should contract them for a new domestic spying program.

Re:NYT article (Score:4, Funny)

by novus ordo ( 843883 ) writes: on Thursday June 29, 2006 @08:39AM (#15627055) Journal

"The goal here is to make it be one nanosecond from the time the customer decides to buy to the time the transaction is complete and the product is on the way," Mr. Schmidt said.
Impulsive shopping here we come!

Re:Money transfers? (Score:3, Funny)

by mgblst ( 80109 ) writes: on Thursday June 29, 2006 @08:43AM (#15627073) Homepage

Larry Page: Alright everybody, I have some bad news for you.
Staff: What is it Larry?
Larry: Apparently the new Gpay system is no good to some guy in Greece, so scrap it.
Staff: Oh no, all that work for nothing.
Larry: Yeah, I know, but what can you do. Guys, I am heading back to the Garage.

Just kidding, really, your opinion is important to us!

Google - my secret lover (Score:2, Funny)

by Anonymous Coward writes: on Thursday June 29, 2006 @08:46AM (#15627088)

You have my secrets.
You have my money.
But where can I upload my soul? Yes, I have googled.

Re:Money transfers? (Score:5, Funny)

by Poromenos1 ( 830658 ) writes: on Thursday June 29, 2006 @08:46AM (#15627096) Homepage

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.

Re:monopoly at eBay (Score:5, Funny)

by Anonymous Coward writes: on Thursday June 29, 2006 @08:48AM (#15627114)

Name 412 of them.

Re:NYT article (Score:5, Funny)

by NatasRevol ( 731260 ) writes: on Thursday June 29, 2006 @08:57AM (#15627151) Journal

"Wright 5 dollars"

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

Re:Only in the USA (Score:2, Funny)

by fatted ( 777789 ) writes: on Thursday June 29, 2006 @09:25AM (#15627297) Homepage

And most supporting companies don't even ship outside the US.
I think you'll find many U.S. companies ship overseas. Unfortunately most of them define overseas as consisting of Canada AND Mexico.

Europe who?

Oh yeah, PayPal is definitely doomed (Score:2, Funny)

by snowwrestler ( 896305 ) writes: on Thursday June 29, 2006 @09:36AM (#15627364)

Americans spent $25 billion online [census.gov] in the first quarter of 2006 alone. Obviously a market that size can only support one big player.

Re:monopoly at eBay (Score:5, Funny)

by SYRanger ( 590202 ) writes: on Thursday June 29, 2006 @09:58AM (#15627486)

I bet you don't accept African Express.

Re:NYT article (Score:4, Funny)

by sootman ( 158191 ) writes: on Thursday June 29, 2006 @11:10AM (#15627990) Homepage Journal

One nanosecond? But I want it NOW!

Re:End of Paypal ? (Score:4, Funny)

by identity0 ( 77976 ) writes: on Thursday June 29, 2006 @02:41PM (#15629846) Journal

I once heard a joke about how, "One day, you'll drive your Sony to the Sony to buy more Sony for your Sony".

We need a new one that goes, "One day, you'll Google for some more Google for your Google, and pay Google with Google"

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