Google's GBuy on Target to Aim for eBay and PayPal
June 12, 2006 5:25 PM
comment(s) - last by
Stiff competition coming for the eBay/Yahoo partnership
DailyTech previously reported that Google was developing an online payment system
called "GBuy." The system is one of many systems under development from Google, to make it easier for online users to pay for items they buy through a trusted source, in this case, Google. However, news is out this week that GBuy is turning out to be much more than a PayPal competitor -- Google has plans to turn it into an eBay competitor as well.
According to several reports circulating around, Google will be launching its GBuy service later this month, presumably on the 28th. Google has not been speaking much about GBuy since the first few details of it were released to the public. Other Google services such as Calendar, Finance and Spreadsheet have been taking the lime light.
Analysts had expected that GBuy was going to launch soon primarily because earlier this year,
eBay and Yahoo announced an agreement to co-operate together
, to improve each other's traffic. Google is expected to leverage its AdSense and AdWords programs into
in a similar fashion that it has done with GMail.
Some reports and analysts suggest that judging by Google's history; it may not charge any fees to post a sale on its service. This would quickly gain Google a client base that is accustomed to Google's "free and everywhere" model. Whether or not that this mode will last for GBuy however, remains to be seen.
This article is over a month old, voting and posting comments is disabled
6/13/2006 1:04:01 AM
I'm getting 4.73% on my PayPal balance as a money-market account (free upgrade to my PayPal account.... can't remember when I activated it... I think I got an e-mail about it). Which is about 0.4% higher than my ING Direct account. I'm not a big eBayer, but I recently sold a PC there and I'm keeping that couple hundred bucks in PayPal as long as it gets that rate! (or until I spend that much on eBay...) So they are DEFINITELY trying to get people to keep larger sums on PayPal for longer periods of time.
6/13/2006 2:20:22 AM
I'm getting 4.73% on my PayPal balance as a money-market account
Doh, must be American only thing - nothing for Canada, as usual.
"My sex life is pretty good" -- Steve Jobs' random musings during the 2010 D8 conference
Yahoo and eBay Join Forces
May 26, 2006, 10:14 AM
PayPal Turns On Red Alert for Incoming Google's "GBuy"
February 7, 2006, 3:48 AM
Chris Poole Retires From Role as 4Chan After a Decade of Success, Struggles
January 23, 2015, 1:45 PM
Study Shows People are Dumb as Ever With Passwords, Still Using "123456"
January 20, 2015, 3:19 PM
Site for "Glitter as a Service" Mail Pranks, ShipYourEnemiesGlitter, Launches
January 13, 2015, 2:22 PM
OS X Yosemite Compromises Security by Retrieving Embedded Email Images
January 13, 2015, 11:30 AM
ISIS JIhadi From NZ Accidentally Shares Location on Twitter, Outs Cohorts in Selfie
January 3, 2015, 11:35 PM
Amazon's Kindle Fire HDX 8.9 Drops to $299 (30 Percent Off) for a Day
December 22, 2014, 10:57 AM
Most Popular Articles
Microsoft Shows Off Latest Windows 10 Build, Preps it for Next Week Release
January 21, 2015, 2:57 PM
Under the Hood: How DirectX 11.3 and 12 Will Supercharge Windows 10 Gaming
January 23, 2015, 12:34 PM
Police are Using New Handheld Radar Sensors to Peer Into Houses w/out Warrant
January 20, 2015, 1:35 PM
BlackBerry CEO Claims Devs are Violating Net Neutrality by Not Supporting BB10
January 22, 2015, 4:37 PM
Report: Samsung Drops Snapdragon 810 From Galaxy S6, Will Use Its Own Chips
January 21, 2015, 1:47 PM
Latest Blog Posts
Sceptre Airs 27", 120 Hz. 1080p Monitor/HDTV w/ 5 ms Response Time for $220
Dec 3, 2014, 10:32 PM
Costco Gives Employees Thanksgiving Off; Wal-Mart Leads "Black Thursday" Charge
Oct 29, 2014, 9:57 PM
"Bear Selfies" Fad Could Turn Deadly, Warn Nevada Wildlife Officials
Oct 28, 2014, 12:00 PM
The Surface Mini That Was Never Released Gets "Hands On" Treatment
Sep 26, 2014, 8:22 AM
ISIS Imposes Ban on Teaching Evolution in Iraq
Sep 17, 2014, 5:22 PM
More Blog Posts
Copyright 2015 DailyTech LLC. -
Terms, Conditions & Privacy Information