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June 27, 2006

GBuy....yet another tool from Google - $$$

I've been a VERY loyal user of PayPal for many, many years. Never a problem. Fast. Efficient. Easy to use. However, I'm very curious to see what Google's new payment solution, Gbuy will look like and how it will work.

ZDNet writes Google's incentives-based launch of its GBuy online payments system is designed, in one fell swoop, to gain and retain more AdWords customers, to set-up GBuy as the go-to default, and perhaps exclusive, online merchant "checkout process," to undercut eBay and Amazon.com, to usurp online consumers and to data mine consumer buying behavior.

For now, PayPal is the KING of online payments. Of course as your needs dictate might need a more robust payment processing system. For those of you who use Microsoft Small Business Accounting, Sage's Peachtree or Intuit's Quickbooks - your accounting solutions are built in via 3rd party or direct in the program itself.

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