Google Developing Online Payment System: CEO

Web search leader Google Inc. is developing an online payment system but not a direct rival to eBay Inc.'s PayPal, Google Chief Executive Eric Schmidt said on Tuesday. 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.
Read the whole story at Reuters, June 21, 2005 » Recommend (2) Print RSS
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