‘Whatever the outcome, this battle is bound to benefit consumers and merchants. By providing new and cheaper alternatives to credit cards for buying items online, these and other new online payment services could give buyers more confidence in a wider range of e-commerce sites.

The battle to control your online wallet is about to get a lot bloodier. More than a year after search giant Google was rumored to be preparing an online payment service, GBuy finally looks set to launch in test mode as early as June 28.’

Read more at Google Set To Challenge PayPal

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