Wednesday, June 22, 2005
Google developing online payment system
Reuters reports that Google is devleoping an online payment system, but the company's CEO says it's not trying to compete with PayPal. Chief Executive Eric Schmidt would only tell Reurters that "[t]he 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." No word yet on when this mystery service will actually be available.
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