Google Goes Head to Head With PayPal

According to Reuters Google is planning to offer an internet service similar to PayPal.

Google's payment service is likely to allow users to pay for web purchases through Google and it's highly likely that Google Accounts, Gmail and Google Search will all play a big role in the intergration of such a payment feature.

A Google spokesperson contacted by Reuters declined comment on the rumours.

Google's payment service could threaten eBay's PayPal service which generates over 20% of eBay's revenue.

View: Google Inc

View: Reuters Article

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