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Online Credit Card Processing - Google to Launch new GBuy to Compete with PayPal

June 12th, 2006

Online Credit Card Processing - Google to Launch new GBuy to Compete with PayPal

ATM

Google is planning to launch Google Payments, GBuy, for all websites instead just having it on Google Base.  Google will soon become a direct competitor to Paypal which is owned by eBay.

Google Base is a classified ad format that you can sell your item for free.  Google Base is a free place to put your information on their website.  If you have content such as podcasts you can post them up here.  You can also sell your items as well.

Google Base pages may be included in their Google search engine, Froogle (which is a comparison shopping search engine), and Google Maps.

 
Google Base could be used as another marketing means for your company to help sell your products.  If you have considered promoting your services by podcast you can distribute them at Google Base and it is free to do this

The new payment system by Google should happen at the end of June.  Advertisements with Google Ads were merchants have accepted GBuy payments will have Google’s seal of approval as a “trusted GBuy merchant” as an added perk.  This GBuy logo will hopefully help to improve consumer confidence.  Customers will not only click on the ad, but will also complete the sale.

 

Google is becoming an all in one location for people.  It has expanded into resources such as satellite maps, online books, blogs, news, and online selling.  The online payment system will help in matching the other search engine giant, Yahoo.

Will Google put eBay business in the dumps?  It would be difficult to remove the loyalty of all eBay buyers, however if the price is free to list, GoogleBase will attract a number of sellers.  Where the sellers are is where the buyers will eventually go.

 

 
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Nicole Wilson
Best Syndication

Books on Selling Online

Keywords and misspelling: googlebase googlemoney googleads goolgepayments new payment options online paypay options to paypal free payment accept credit cards online processing credit cards online business options expansion to online mailorder


Important:  The material on Best Syndication is for informational purposes only and is not meant to be advice. You should always seek professional advice before making financial decisions. 
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Copyright 2005 Best Syndication                   Last Updated Saturday, July 10, 2010 09:49 PM