Google Payments - a significant opportunity?

Posted on Monday, February 27 2006 @ 21:59 CET by Thomas De Maesschalck
UBS analysts Benjamin predicts the expansion of Google Payments will be a significant opportunity for the search engine giant:
On Friday, Google announced that its expanding Google Payments system will “provide a convenient and secure way to purchase Google Base items,” enabling, for the first time, customer-to-customer payments, and a challenge to PayPal, which is moving off of just eBay.

With respect to Google Video, the analyst predicted that video advertisements “will be an important part of the web’s growth.”

Video advertising “could add meaningful new revenue from partner sites, while increasing opportunities for advertisers and publishers to expand their relationship with Google,” he said.
More details over at Forbes.

About the Author

Thomas De Maesschalck

Thomas has been messing with computer since early childhood and firmly believes the Internet is the best thing since sliced bread. Enjoys playing with new tech, is fascinated by science, and passionate about financial markets. When not behind a computer, he can be found with running shoes on or lifting heavy weights in the weight room.

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