

I find it amusing how the general media is claiming GBuy [aka Google Checkout] will be a significant competitor to Paypal based on GBuy having near zero buyers actually using the service vs over 100MM using Paypal. Let’s recall something here folks. In its current form, GBuy is a glorified merchant account.
(I gotta say, the Google ad video is trying to sell Checkout as a revolutionary new solution to a so far unsolved problem, which I think is a ridiculous spin considering we already have PayPal. But hey, it’s an ad.)
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