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Laziness is nothing more than the habit of resting before you get tired. - Jules Renard 

Saturday, June 18, 2005

Google Wallet in the offing, soon..

Is there anything Google won't eventually launch on its own? Wall Street Journal and Reuters are reporting that Google is getting close to launching a PayPal-wannabe payment system , nicknamed Google Wallet (not quite as fun as "G-Money" would be). The rumor is based on a panel discussion where an e-commerce consultant said some of his clients had been approached by Google about using such a system. Of course, Yahoo had their own PayPal wannabe for a while, called PayDirect, that they eventually shut down after no one used it. Even eBay had their own PayPal wannabe that no one used before buying PayPal. Despite that, Google certainly seems to be pretty good at getting people to adopt their offerings -- and if they can really improve on the PayPal experience, a lot of pent-up frustration directed at PayPal could drive plenty of users to the Google solution.

[Via Techdirt]

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