Check out Google
Google Checkout launched today. Previously known by Google-watchers as GBuy, the long-awaited and much-buzzed payment processing system offering shoppers with a Google account a quick way to pay for things. Here's the official post from the Google blog.
Some are calling it Amazon's worst nightmare. Forrester thinks it supports its core search business.
TechCrunch notes:
The system offers low transaction costs for merchants and mediation between buyers and sellers online in exchange for access to what will be a huge amount of data about shopping and sales conversions. There doesn’t appear to be many benefits for buyers in the system.
Here's the promo video:
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