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Comments on: Open your wallet to Google

Search juggernaut's rumored Gbuy system could be first piece in broad e-commerce payment infrastructure. Or not.

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Please compete with paypal
by kieranmullen June 28, 2006 11:32 AM PDT
Granted paypal is cheaper than a merchant accounts, paypal user to user transactions with accounts that are already funded should not charge the same for those transactions. Right now it is about ~3% For merchants this is a lot of money.

Ebay is raking it in without any improvements on service or features. (google all the "I hate paypal" websites and "Paypal sucks" websites.

I would like to see google enter this market.

KM
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Please compete with paypal
by kieranmullen June 28, 2006 11:34 AM PDT
Granted paypal is cheaper than a merchant accounts, paypal user to user transactions with accounts that are already funded should not charge the same for those transactions. Right now it is about ~3% For merchants this is a lot of money.

Ebay is raking it in without any improvements on service or features. (google all the "I hate paypal" websites and "Paypal sucks" websites.

I would like to see google enter this market.

Kieran Mullen
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I would love to see GOOGLE cards in check out lanes
by inachu June 28, 2006 12:12 PM PDT
Just think among the ITUNES and WORLD OF WARCRAFT cards that we buy for online purchases and gameplay that google could come out ahead of any only payment system if they had a prepaid card that anyone could buy at any retail store like BEST BUY or Safeway and Giant.

Just thnk of the ability to transfer the emoney to any other online store.

So far just a pipe dream.
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hey nice idea!!!
by df561 June 29, 2006 12:26 AM PDT
that would be very useful for kids or people who want to buy online but dont have a credit card or bank account.
No Thanks
by June 28, 2006 1:59 PM PDT
I got a kick out of this:

"Give Google credit for one thing: The search giant has a way of generating a lot of buzz."

No, google doesnt generate buzz. Its the media types who generate the buzz by fawning all over google to prove to their fellow media types how 'hip' and 'tech savvy' they are.

Anyways, Google's got enough control of the worlds information. The last thing that company needs is control over finances. I'll stick to paypal, thanks.

As for chance of success - eh. I know its all the fad to swoon over google, but truth is other than searching and online advertising, they havent had tons of success at any of their other apps. Google video? awful. Froogle? Near useless. Google Earth? Fun, but they didnt even write it (A sin for microsoft, but google gets a pass from the geek crowd I guess). EBay, on the other hand, has a consistent record of success in the financial realm. My money stays with them.
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Google is a good company
by t8 June 28, 2006 2:25 PM PDT
Google makes the Web work.
Website owners can create good websites and let Google make money for them. Before Google, you had to do everything yourself. i.e., get the advertising or sell a product, and do the marketing.

These days you can create an interesting website, and use Google services to get the traffic, and the best part is Google ads pay you for your effort.

What other company gives an incentive to create a good website? Certainly not Microsoft, they are too busy with Windoze to innovate on the Web.

Go Google :)
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The web existed before google
by June 28, 2006 2:44 PM PDT
"What other company gives an incentive to create a good website? Certainly not Microsoft,"

You mean, the same microsoft who put a web browser on every desktop? If not them, what about netscape? Those two have had far bigger impacts on 'providing incentive to create a website' than google ever will have.
good company to spy on you
by The user with no name June 28, 2006 3:32 PM PDT
Let me see...

I delete mail in my Gmail account and Google keeps it around on their servers for as long as they want to, use it in ways that make them money and open me to the risk that it will be retrieved in a future lawsuit or possible government invasion of my privacy...

I google this and I google that and all the while Google is tracking me and monitoring my usuage so as to better 'serve me' with ads...

Do I REALLY want them keeping track of what I buy, when I buy it and how often just so they can 'know my habits' better to make them more profit?

Nope... not me!

Though I do wish PayPal was accepted at more websites for online transactions... but they are getting more and more sites to use them!
Competition is good
by thedreaming June 29, 2006 11:09 AM PDT
It's good that google is trying to put out a similar product to paypal cause right now, they don't have any competition and it's competition that forces companies to change pricing to benefit consumers.
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