Google launches online payment service

Yesterday (June 29), Google launched an online payment service that is expected by users to promote online shopping activities.

With the new payment service - Checkout ( not Gbuy as expected ), Google hopes online shopping activities will be much more convenient, and also an opportunity for online advertisers to pour their money. for the world's most popular search portal.

Google also hopes to gain a bigger market share in the e-commerce market, as well as other competitors, such as eBay, with its leading online payment service - PayPal.

EBay spokesman declined to comment on Google's new service, but expressed concern over Google's decision to expand last month when it announced it would partner with Yahoo in online payments.

Google has begun testing an online payment service called "Checkout" a year ago. The service will serve as an electronic wallet, allowing customers to buy products and services from online businesses without filling out personal and financial information.