Black On Stuff

“eCommerce times” writes an article about Google’s entry into the online payment market, while making a comparison with Paypal and adding some facts about Google Checkout.

The interesting thing is that our romanian branch is quoted in this article:

E-payment services are not new. ePayment Solutions, GECAD ePayment, Intellipay and Neteller carved out viable e-payment businesses. However, countless other vendors entered and exited the market as many consumers didn’t have a compelling reason to use the services, merchants balked at the added expense and vendors could not figure out how to turn a profit in this space.

Currently we’re not considering Google as a competitor for ePayment, especially because they are aiming the US market, while ePayment is only for the local east european market. But some competition would be a valuable thing, even if this would be such a giant as Google.