Google may soon introduce its own payment service to rival Ebay inc's PayPal, the company has declined to comment on the situation but it seems the code name is Google wallet.
Quote:
Rumors about a new Google payment service escalated following a panel discussion at a Piper Jaffray Internet conference on Thursday, the newspaper said.
At the conference, Scot Wingo, chief executive of ChannelAdvisor, a Morrisville, N.C. e-commerce consulting firm, said he believed the payment service would be launched soon, according to the newspaper
|
source: yahoo news
http://news.yahoo.com/news?tmpl=stor...tech_google_dc
seems very plausable to me interns of being a revenue generator and expanding its own portfolio of services.
but would retailers be keen on allowing this form of service to be used in e-shopping ?