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June 22nd, 2005, 11:33 AM #1Goopal? - Google online payment system
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.
Schmidt said Google does not intend to offer a "person-to-person stored-value payments system" like PayPal's, in which money briefly resides in PayPal's control during the transaction, but he did not give details of how the Google system would differ.
"The payment services we are working on are a natural evolution of Google's existing online products and advertising programs, which today connect millions of consumers and advertisers," Schmidt told Reuters in a brief telephone interview in which he declined to elaborate.
"We believe that e-commerce can be improved and we are working on ways to improve the user experience," Schmidt said. The company declined to say when a product would be available.
June 22nd, 2005, 11:43 AM #2
Umm ... people ... froogle, payment method, and advertising medium (adsense) ... are you not seeing it?
June 22nd, 2005, 02:38 PM #3
Ok Haiko, enlighten us?
June 22nd, 2005, 03:15 PM #4
June 22nd, 2005, 07:06 PM #5
Froogle has been there for too long doing very little... eventually it's got to turn into something and that will shake things up rather radically.
June 22nd, 2005, 08:31 PM #6
June 22nd, 2005, 09:41 PM #7
..or google becomes an affiliate....
June 22nd, 2005, 11:00 PM #8
I'd guess like Chris, but they wouldn't need a payment system for that...
Unless they intend to do like Crapalog City?There is no knowledge that is not power. ~Hemingway
June 22nd, 2005, 11:45 PM #9
Apparently Googlites have been hobnobbing with certain merchants/Affiliate Managers in the past.........I think it would only be natural for them to become affiliates.....
Think of how much sense it makes......Adsense for Commissions, why get 72 cents a click when they can get 20% of the sale?
Sounds like a no brainer to me......That would be the equivilant to a Nuclear bomb in the affiliate world.....we would all be smoked.
June 23rd, 2005, 12:36 AM #10
- Join Date
- January 18th, 2005
I thought Google's motto was to do no evil?
June 23rd, 2005, 12:48 PM #11
Originally Posted by M_Diddy
- Join Date
- March 25th, 2005
Yes you're right... it would make a huge impact on the industry and merchants would flock to Google because of the shear volume they can provide.
By Zeus in forum Rakuten LinkShare - LSReplies: 11Last Post: June 22nd, 2005, 01:36 PM
By zik013 in forum Canadian AffiliatesReplies: 0Last Post: April 22nd, 2005, 11:25 AM
By Azam in forum Credit Card processing and other paymentsReplies: 8Last Post: August 21st, 2003, 03:54 AM