Google’s online payment system

Maybe I should make a category for Google?

SAN FRANCISCO (Reuters) – Web search leader Google Inc.(GOOG.O: Quote, Profile, Research) is developing an online payment system but not a direct rival to eBay Inc.’s PayPal, Google Chief Executive Eric Schmidt said on Tuesday.

Schmidt spoke after several days of heated speculation over reports that Google was working on a potential rival to PayPal, eBay’s popular online payment system.

Reuters

 Well what is this in my opinion? Just another development from Google’s fast growing ‘e-conomy’ (thought of that myself)

Well i’d say that Google are certainly advancing with their latest developments – I must say I was highly impressed with Google maps (maps.google.com/.co.uk), and Gmail is my primary email system other then my POP3, Google Search is my primary search engine and its my school’s primary search engine I mean the list just goes on. Thats great, but when $$$$ money comes into it – I see it as a higher level.

Good luck to them and all