Report: Google to Start New Payment System
Via an AP newswire report on Yahoo! News:
Online search-engine leader Google Inc. is preparing to introduce an electronic payment system later this year in a move that would pose a financial threat to one of its biggest advertisers, Internet auctioneer eBay Inc.
The Wall Street Journal reported Google's plans on its Web site late Friday, citing sources familiar with the Mountain View-based company's plans. The Journal did not provide any details about Google's strategy.
A Google spokesman declined to comment on the report.
posted by Fergie @ 6/18/2005 09:51:00 AM
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