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PayPal Alternative – Not GreenZap

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There may be a new PayPal alternative on the horizon, I’m not talking about the pyramid marketing scheme, GreenZap.

Google is rumored to have a program in the works, tentatively called Google Wallet. The program could be a convenient feature for AdSense advertisers and content providers, and if Google begins offering a fee-based Gmail, the new payment system will gain popularity.

Considering the number of eBay users who use PayPal exclusively, I don’t think Google Wallet will overtake that service, but Google Wallet will likely be a popular service for those who deal with Google.

Meanwhile, PayPal has offered a new service called Website Payments Pro. It appears to be a fully functioning payment system that does not require the user to exit the merchant’s site to visit PayPal. There’s a $20/month fee.

Updated February 6, 2012 and originally published June 20, 2005. If you enjoyed this article, subscribe to the RSS feed or receive daily emails. Follow @ConsumerismComm on Twitter and visit our Facebook page for more updates.

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About the author

Luke Landes, also known as Flexo, is the founder of Consumerism Commentary. He has been blogging and writing for the internet since 1995 and has been building online communities since 1991. Find out more about him and follow Luke Landes on Twitter. View all articles by .

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{ 3 comments }

avatar CryptoJoe

Google Wallet can overtake paypal only if they can under cut paypal’s fees. I hate paying those fees, I understand the credit card percentage, but with paypal, you have to pay the fee for non-credit card transactions too.

avatar jim

Might be interested to know, Google said they weren’t planning on competing with Paypal.

“We do not intend to offer a person-to-person, stored-value payments system,” Schmidt said during an interview with The Associated Press.”

article

I suppose we’ll just have to see what happens.

avatar Hazzard

I started thinking about how many Google products I’m using and I was surprised:

-Google search (exclusively)
-Gmail
-Google Earth (amazing free product)
-Google Desktop Search
-Picasa Image viewer
-eblogger
-Google Adsense

They are really starting to make an impact in Microsoft’s space. Hmmm. Maybe I better sell my MS stock

Hazzard
http://elym.blogspot.com

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