Go To Adsense Home | Add to Favorites
Google To Compete With Paypal?
PayPal is secure in its domination over the electronic payment industry, at least for now.
Following reports that Google planned to launch a new Internet payment service (nicknamed Google Wallet), Eric Schmidt, CEO of Google, denied that Google would be directly competing with PayPal. He did, however, acknowledge that Google has plans for some type of electronic payment service.
Without revealing any details, Schmidt emphasized that the Google payment service will not offer the same sort of “person to person, store-valued payments system” as PayPal provides.
The Internet commerce industry was rampant with rumours of the new Google service following an e-commerce conference hosted by securities firm Piper Jaffray. Speculation that Google Wallet would encroach on PayPal territory was reinforced by the appearance of a June 20th article in the Wall Street Journal which stated that Google was planning an online payment service to compete with PayPal.
PayPal is a unit of eBay and generates almost 25% of total eBay revenue. It is used by consumers for making a wide variety of Internet purchases. It allows purchasers to use their credit cards without divulging their credit card numbers to merchants. PayPal takes a percentage of each transaction and had revenues of $233.1 million in the first quarter of this year.
Most of Google’s revenue comes from online advertising and this expansion into online payments was seen by many in the industry as yet another example of the rivalry between the two companies.
Google is a giant in Internet commerce with revenues of $3.2 billion last year. A payment service that competed directly with PayPal would be a serious blow to both PayPal and eBay.
Google maintained silence about the rumours until Schmidt’s comments last Tuesday. Without elaborating, he stated that Google’s payment service would be an extension of its existing advertising programs.
About the author:
Copyright 2005 by Ross MacIver
This article may be redistributed freely on the Internet or in ezines as long as the resource box and hyperlinks remain intact.
Ross MacIver is the director of Best Online Content. We provide quality content for your web site and offer a full range of design and SEO services.
Source: Article Directory
Four Reasons Why You Should Never Use Animations In Your Ebay Auctions
Inexperienced auction sellers, or those lacking in confidence, often want to make their auction listings more dramatic and exciting. They dread the possibility that buyers will be bored by their auction and turn away with indifference. Therefore, they reason, they will spice up their auctions with some "animations" - graphics that blink, change colors, spin, travel around the web page.Or the seller may be a tech person who loves toys and is proud of his ability to create unusual effects. Regardless of their reasons, animated elements on an auction page are almost never a good idea for the following four reasons: 1. Rather than attracting attention to the merchandise in your auction, your potential customer may watch a spinning ball or follow Santa and his reindeer through...
Producing Profitable Web Sites Without Spending Ages Writing
This is all about content.I've written it as a response to some criticism in my forum this week. A coupleof people said that I don't produce enough original content. Right now that'strue. I'm not writing a lot.But I'll tell you what. I'm doing what works.The sites I've been building for the past few months are producing results. Bigresults....
How To Save Money On The Adwords Network
Copyright 2005 Private Mail ServicesHow to save money on the Adwords networkOver the years I have had ...
|
 |
|
|
Adsense - Google Adsense Page Positioning
Correct positioning of your Google adsense ads can make or break your success with the Google adsense program. Why is this true? Some studies suggest that eye positioning on website grav... |  |
| Adsense - Drive Yourself To More Ebay Auction Money
Big ticket items are increasingly popular on eBay.Cars are probably one of the best examples of this.In fact, eBay is the largest dealer of used cars in the USA. And eBay's car sales in the UK is also growing significantly. Every 16 seconds, a car is sold on eBay!If you're an eBay seller, here's an idea you might like to consider to make extra cash.The vast majority of car dealers don't use eBay. They advertise in the press, usually locally, and their customers likewise usually live within reach of the car dealer. What eBay Motors has successfully proved is that people will bid on cars from owners hundreds or ... | |
| Adsense - Tools For Online Tracking
Copyright 2005 Sharon HousleyIn order to determine which advertising and marketing efforts are effective you must have ways to measure the results of those efforts. Alerts and instant notifications can be instrumental in monitoring search engine position, trademarked terms, monitoring competitors and staying abreast of online occurrences. And, of course, the notification can be used for "ego searches".Ego Searches What is an ego search? Find out where your name or company is mentioned, view forum posts or online articles that mention your name or company.TrademarksThe best offense is a good defense. By monitoring newsgroups or search engines for trademarked terms, you often he... | |
| Adsense - Google Adsense And Blogs
If you have a blog, or are thinking about starting a blog, then you are definitely going to want to read this article. It’s all about how to line your pockets with money that’s just waiting to be made without working much harder than you already are.No only are blogs the hottest thing on the ‘net right now, but they are custom-made for Google’s... | |
| Adsense - The Ebay Revolution - A Beginners Guide
Copyright 2005 Adrian RyderWith E bay being one of the most searched for terms on the internet today,[ approx 24 million people last month], it is hardly suprising that more and more everyday people are turning away from the 9-5 job scene, and looking at the income opportunities that this hugely popular forum has to offer.So just what are the benefits of starting your own E bay business, as opposed to the more traditional self employment options, such as buying a business, or becoming a franchisee?Well the first and most obvious benefit is the financial one, you can start an E bay business on a shoestring, whereas buying a franchise or setting up on your own will in all probability cost you 10s of thousands of dollars.Secondly, the element of risk is fairly negligible with an E bay business [ as long as you don’... | |
| Adsense - Blog…ping…opt-in…sig File…ezine!
Copyright 2005 Michelle KielyA Guide to INTERNET MARKETING TERMS In the beginning…I recently started my own “money-making, home business” which I signed up to with the understanding that I was going to earn money for doing nothing. Others (affiliates) were going to pay me commission for refe... | |
|
|