Google CEO Eric Schmidt on GBuy - Google Online Payment System
By Angsuman Chakraborty, Gaea News NetworkWednesday, June 28, 2006
Q: What is Google Payment System, or GBuy?
A. Press has nick-named it GBuy; We have not announced a payment system name yet.
We are focused on advertiser satisfaction. In studying what advertisers do, the more quickly we can get the advertise to buy cycle to close, the happier our advertisers are (our customers, the people who pay our bills). We built and are testing systems that allow a customer of an advertiser to purchase and fulfill things more quickly than through other mechanisms.
Very important to know that it is targeted at advertisers, not at general consumers….Not like PayPal at all.
Very soon will be in Beta.
via ZDNet
So it is targeted at advertisers, not consumers? I think Google is giving out mixed signals here. Looking forward to see what it actually turns out to be.
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December 9, 2009: 11:16 pm
There is a massive change underway in the mobile media market as it becomes unshackled from the operators’ portals that have dominated it for a decade, all without having made any significant inroads into the content use of mobile users. The new capped data packages, fuelled by further competition, will see a total revamp of the mobile media market. It will no longer be based on portals but on direct services by content and services providers via open source phones and mobile-friendly Internet-based services. The next step is the continued emergence of m-commerce and in particular m-payment services. |
 Pradeep |
December 8, 2006: 2:08 pm
How is it google is able to find a way to make old ideas work? They were certainly not the first search engine, map site, email, or payment system, but they are always the best and most innovative in what they do. |
janani