Go To Adsense Home | Add to Favorites
Google To Compete With Paypal?
PayPal is secure in its domination over the electronic payment industry, at least for now.
Following reports that Google planned to launch a new Internet payment service (nicknamed Google Wallet), Eric Schmidt, CEO of Google, denied that Google would be directly competing with PayPal. He did, however, acknowledge that Google has plans for some type of electronic payment service.
Without revealing any details, Schmidt emphasized that the Google payment service will not offer the same sort of “person to person, store-valued payments system” as PayPal provides.
The Internet commerce industry was rampant with rumours of the new Google service following an e-commerce conference hosted by securities firm Piper Jaffray. Speculation that Google Wallet would encroach on PayPal territory was reinforced by the appearance of a June 20th article in the Wall Street Journal which stated that Google was planning an online payment service to compete with PayPal.
PayPal is a unit of eBay and generates almost 25% of total eBay revenue. It is used by consumers for making a wide variety of Internet purchases. It allows purchasers to use their credit cards without divulging their credit card numbers to merchants. PayPal takes a percentage of each transaction and had revenues of $233.1 million in the first quarter of this year.
Most of Google’s revenue comes from online advertising and this expansion into online payments was seen by many in the industry as yet another example of the rivalry between the two companies.
Google is a giant in Internet commerce with revenues of $3.2 billion last year. A payment service that competed directly with PayPal would be a serious blow to both PayPal and eBay.
Google maintained silence about the rumours until Schmidt’s comments last Tuesday. Without elaborating, he stated that Google’s payment service would be an extension of its existing advertising programs.
About the author:
Copyright 2005 by Ross MacIver
This article may be redistributed freely on the Internet or in ezines as long as the resource box and hyperlinks remain intact.
Ross MacIver is the director of Best Online Content. We provide quality content for your web site and offer a full range of design and SEO services.
Source: Article Directory
Google Adsense Page Positioning Correct positioning of your Google adsense ads can make or break your success with the Google adsense program. Why is this true? Some studies suggest that eye positioning on website gravitate to particular sections of web pages. And if you don’t have the necessary ads in these positions you will not get the clicks.I talked to countless people that have great traffic, some with 300 to 1000 new visitors a day that say that they only make approx. at max $10 to $20 dollars a month on the adsense program. What a shame. But when I look at their websites the ads are either buried in wording that no one usually pays attention to or the ads are located in positions that just...(related: Adsense)
Creating A Blog To Promote An Existing Business Copyright 2005 Mal KeenanIf you belong to any of the following groups, then this article is for you.* You already have a business and a website that serves as the official hub for your online sales. The website may be serving as an online store for your enterprise.* You need a venue wherein you can promote your affiliate links.* Your already have a website, which may not necessarily be a commercial one, and it is enrolled with a Pay Per Click (PPC) program, like Google AdSense.Success in these fields dep...(related: Adsense)
Top Ten Buyer Searches For Fine Jewelry On Ebay! Are you looking for "Hot Items" to sell on your eBay Auction? Are you having trouble deciding on a category? Being an active eBayer, I am often asked about what products to sell. As explained in my book "eBay Marketing Wholesale SourcePak" finding the right product in the right category is cruical. Many people ask me whether jewelry is a good item to sell on their eBay auction. My opinion is yes, it can be. For the most part jewelry is easy to package and easy to ship. And provided you have done your research first, you should be able to make a good profit selling it. One of ...(related: Adsense)
|
 |
 |
 |
New Hydrogen Fuel Station Domain Name For Sale As Hydrogen Economy Moves Forward Point Roberts, WA, Delta B.C. - January 28, 2005 - www.FuelCellCarNews.com, a global investor news portal for...(related: Adsense) |  |
| Adsense – The Powerful Passive Income Generator Webmasters have a revolutionary new method of collecting income from their websites.Whereas in the past advertising revenue was reserved for those sites with large a coming and going of visitors, now even teenagers are making a quick buck with their online hobby blogs. People place adsense on their online family photo albums, their blogs and their business sites. The minimum you would get, even with a small amount of traffic, is for adsense to pay for your hosting costs. Adsense revolutionized the world of paid advertising; banner advertising is based on the number of visitors you attract to your site, so the number of “banner impressions” dictate the revenue you receive. Google Adsense is quite different; it is the number of visitors that actually click on the advertising that determine how much you e...(related: Adsense) |  |
| 3 Unusual Formats For Auctions On Ebay eBay users are accustomed to only two "standard" formats forsales on eBay: either the 'regular' auction which involvesbidding and waiting; and the Buy It Now, which is an instantpurchase.But there are three other formats that are less well known.1. Live AuctionsBefore eBay, the traditional auction included live bodies inchairs and an auctioneer up front (talking so fast he wasfrequently unintelligible). Any buyer can still participatein these live auctions via eBay. Live auctions are a hybrid- a buyer is 'sort of' present in a live setting yet is athome using an Internet connection.The products for sale are usually expensive and ...(related: Adsense) |  |
| Top Ten Buyer Searches For Fine Jewelry On Ebay! Are you looking for "Hot Items" to sell on your eBay Auction? Are you having trouble deciding on a category? Being an active eBayer, I am often asked about what products to sell. As explained in my book "eBay Marketing Wholesale SourcePak" finding the right product in the right category is cruical. Many people ask me whether jewelry is a good item to sell on their eBay auction. My opinion is yes, it can be. For the most part jewelry is easy to package and easy to ship. And provided you have done your research first, you should be able to make a good profit selling it. One of ...(related: Adsense) |  |
| Are You Using Both Sides Of The Googlecoin? By now most of you realise that Google can give our websites the ability to appear within their results pages using a PayPer Click model (PPC).This is called Google AdwordsHopefully, you will also be aware that that Google offers website owners the ability to display these PPC results ontheir own websites.For this privilege, Google will pay the website owner a share of the PPC revenue earnt from any click throughs on the results displayed on their website.This is called Google Adse...(related: Adsense) |  |
| Can You Really Make Money From Blogging Copyright 2005 Willie CrawfordOne of the questions I see frequently asked on online discussion forums is, "Can You Really Make Money From Blogging?" People want to know if there's some way to profit from the time they spend maintaining their weblogs or personal online journals.My answer is an emphatic "YES," because I do it... everyday!Today I'll share with you how I do it.Let me begin by saying that I don't make thousands per month from MOST of my blogs. However, I do have many making hundreds. Since I don't put in a lot of time maintaining them, and I enjoy blogging, I consider the money a bonus. I blog while sitting in my yard with ...(related: Adsense) |  |
| Four Reasons Why You Should Never Use Animations In Your Ebay Auctions Inexperienced auction sellers, or those lacking in confidence, often want to make their auction listings more dramatic and exciting. They dread the possibility that buyers will be bored by their auction and turn away with indifference. Therefore, they reason, they will spice up their auctions with some "animations" - graphics that blink, change colors, spin, travel around the web page.Or the seller may be a tech person who loves toys and is proud of his ability to create unusual effects. Regardless of their reasons, animat...(related: Adsense) |  |
| Easy Steps To Hands Off Passive Income Copyright 2005 MHG ConsultingSo you want to increase your Adsense income? Log into your Adsense account, ...(related: Adsense) |  |
| Tips For Maximizing Your Google Adsense Revenues Despite what you may hear, the Google AdSense program is not for everyone. There are some types of web sites that do poorly no matter how hard the owners try, and there are others that should be doing well but the webmaster simply isn’t putting in the effort to make things happen.Here are some tips to make AdSense work better for you. If you do them all and you’re still not having any luck, then you just might be running one of those...(related: Adsense) |  |
|
|