eBay Bans Google's Rival Online Payment System
Posted on: Monday, 10 July 2006, 12:00 CDT
Global internet auction company eBay has effectively banned the use of Google's new online payment system, 'Google Checkout', because it says it is untried and untested.
However, with the new application from the search engine giant stepping into the territory of eBay's very own PayPal, many onlookers have described the e- auctioneer's move as an attempt to protect its own.
In fact, the shunning of Google Checkout is only the latest in a long line of payment services that eBay has rejected. According to Digital Trends News, Netpay, Nochex and BillPay are amongst rival services not supported by eBay.
The Press Association suggests that the online auctioneer is wary that Google's new payment system will usurp its own because it is "faster, cheaper and easier to use than eBay's PayPal".
Sellers caught offering Google Checkout to buyers on eBay will have their listings removed, forfeit their fees or have their entire account suspended, the PA reports.
However industry analysts have warned that such a tactic could backfire on eBay, as it might drive customers to Google's rival auction site.
Source: Datamonitor
Related Articles
- eBay, Google, Yahoo! Join 'Hurdles to eBusiness Conference'
- Tepper School Hosts Research Chiefs From eBay, Google, Yahoo! For 'Hurdles to eBusiness' Conference
- EBay-Google Spat Hints at Larger Tension
- Google Payment Service Debuts in Britain
- PFSweb's eCOST.Com Subsidiary Announces Early Adoption of Google's New Service, Google Checkout; eCOST.Com Continues to Improve Customer Shopping Experience Through Offering Google's New Checkout Option
- uBid.Com Participates in New Google Checkout Launch; uBid.Com Customers Get $10.00 Off Their First Purchase Made With Google Checkout
- Google Tests Web Buying System
- Yahoo, eBay Team in Battle With Google
- EBay Plans Payments Using Cell Phones
- AT&T files patent suit against eBay ; Online payment method at issue
 |
 |
User Comments (0)
RSS Feeds