Readers will recall Google recently backing down from eBay in pushing Google Checkout against eBay's PayPal. Google, eBay battle it out over online payments from Bloomberg is a good article shedding fresh light on how important PayPal is to eBay, to the degree that it would pull its ads from Google to protect something that produces one-quarter of its income. It also has eBay saying practically no one is pleased with Google Checkout, based on its own survey.
From the article:
Meanwhile, eBay's PayPal service, which generated a fourth of the company's revenue last year, has become increasing [...]
Related Topics: Channel: Retail | Google: Checkout