Today’s top new for me is regarding to Google’s coming Gbuy service (News). Being an eBay’s Paypal customer for a long time, I have developed many e-commerce services based on the eBay’s paypal API, Authorize.net, echo payment and other payment gateway systems. I have to say that I am so interested in the Google’s Gbuy service. Google is well known for it’s easy to user APIs for developers. Their API is developer friendly. By user Google’s map API can easily implement my travel waypoint from my Garmin eTrex GPS device.

Google claim their transaction fee will be cheaper than other rivals. I don’t know what services GBuy promised to provide, but I am sure it’s going to be userful. I will keep my eyes open.

Gbuy is expected to be free during the initial phase, but merchants may eventually be charged a 1.5 percent to 2 percent per-transaction fee, Jordan Rohan, an RBC Capital Markets analyst, said in his research note. A fee of that size would be slightly less than that charged by eBay’s online payment system, PayPal. - Source from News.com

Just as other servie already doing, Google will capture user’s transaction data for their own goods. They will user the data for marketing purpose, search engine optimization purpose and making $$ purpose. I don’t care how Google user the data, which I have no control anyway. However, I do care how I can use their Gbuy API to do good for me and my clients.

We will see!

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