Google GBuy Signals Big Competition For PayPal?

Now this is interesting after much speculation, it seems Gbuy, Google’s peer to peer payment system is pretty much a go. The big G is into so many things these days it doesn’t surprise me anymore. According to the WSJ.com

GBuy will feature an icon posted alongside the paid-search ads of merchants, which Google hopes will tempt consumers to click on the ads, says this person. GBuy will also let consumers store their credit-card information on Google.

I’m thinking, Wow! Google will know more about me than my husband. From my searching habits right down to my financial information… let’s just leave it as that right now. I enjoy a lot of Google’s products and believe in competition. This should be good for us who wish for more options.

Get the full story: WSJ.com – PayPal Prepares For a Challenge From Google

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