Google GBuy and Paypal

If you have done eBay auctions for any length of time, you soon realise that Paypal takes quite a bit in fees from your sales, but they have also extended their reach into a lot of other enterprises on the Internet. For example, most of our advertising is paid for through Paypal payments. That means that if I can reduce the fees of Paypal, I’ll see hundreds of extra dollars go directly into my wallet.

GBuy could mean money in my wallet

When I first began selling on eBay there were no fees involved with Paypal. In fact, they were paying bonuses for referring people at that time so it was actually a money generator. That is far from the case these days. The problem has always been that there really is no alternative to

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4 Responses to Google GBuy and Paypal

  1. Mike says:

    Nothing like competition to reduce costs and improve service. Looking forward to Google’s offering.

  2. Caitlin says:

    ditto! I can’t wait to get a look at it….

  3. Cap says:

    if they drop the rate just a wee bit I’ll be a happy camper.

    a friend of mine who works for a CC processing company, asked me about paypal’s rate.. and he shakes his head wondering why so many people use it.

    because its easy. sorta.

  4. Jose says:

    Will be an interesting competition.
    I believe paypal will still stay a step ahead due to ebay.

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