Google tests online payment system

CEO Eric Schmidt says "GBuy" system aims to speed purchases on the Web but that it's "not like PayPal at all."

The story "Google tests online payment system" published June 15, 2006 at 4:02 AM is no longer available on CNET News.

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[onux16]

optimism

The thing I love about Google is it takes its time to make a product worth using. It becomes so useful that many users from Google's competition switch over, forcing the other companies to work harder at making a better product. By setting the bar high, it forces everyone to do the same.

[Tanjore]

Oh Really!!

Show me another product other than search and maps where people have flocked to Google!!!!

[onux16]

optimism

The thing I love about Google is it takes its time to make a product worth using. It becomes so useful that many users from Google's competition switch over, forcing the other companies to work harder at making a better product. By setting the bar high, it forces everyone to do the same.

[Tanjore]

Oh Really!!

Show me another product other than search and maps where people have flocked to Google!!!!

[Andrew J Glina]

Odd Quote

"It makes no sense for us to go into businesses that are occupied by existing leaders," he said. "We want to solve new problems in the payments space."

If they truly had that attitude would they have started Google in the first place.

[Andrew J Glina]

Odd Quote

"It makes no sense for us to go into businesses that are occupied by existing leaders," he said. "We want to solve new problems in the payments space."

If they truly had that attitude would they have started Google in the first place.