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Gbuy Rumors (Google's version of PayPal)

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Gbuy Rumors (Google's version of PayPal)

Old 06-13-06, 02:51 PM
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Gbuy Rumors (Google's version of PayPal)

http://news.com.com/2061-11199_3-608...3187&subj=news

It'll be interesting to see what their version is like and if it'll help their Googlebase project take off. Though, I think a better name would've been "GMoney".
Old 06-14-06, 02:25 AM
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Why do people think that everything Google launches will be better than their competitors? I have a free Gmail account, and while I haven't used it for very long, I'm not very impressed by it. (I am even beta testing Gmail for your domain) Maybe I'm stuck in my 'Outlook' interface ways with folders, but I'm simply not impressed by it.
Old 06-14-06, 10:13 AM
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Better or not, competition that makes PayPal sweat is a good thing.
Old 06-14-06, 12:58 PM
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Originally Posted by ChiTownAbs, Inc
Why do people think that everything Google launches will be better than their competitors? I have a free Gmail account, and while I haven't used it for very long, I'm not very impressed by it. (I am even beta testing Gmail for your domain) Maybe I'm stuck in my 'Outlook' interface ways with folders, but I'm simply not impressed by it.

GMail is miles better than anything else out there. I've had my account since the launch date. Google Maps is much better than the rest. Google Desktop is great. Google Talk is the only one that could be better. I think if it was clientless like most of their other stuff it would be more gooder.

Paypal on the other hand is the devil.
Old 06-14-06, 01:02 PM
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Originally Posted by ChiTownAbs, Inc
Why do people think that everything Google launches will be better than their competitors? I have a free Gmail account, and while I haven't used it for very long, I'm not very impressed by it. (I am even beta testing Gmail for your domain) Maybe I'm stuck in my 'Outlook' interface ways with folders, but I'm simply not impressed by it.
Have you tried Microsoft's new Windows Live Mail? Its almost as if you're using Outlook 2003 Web Access

I agree that getting an alternative to Paypal is a good thing.
Old 06-14-06, 01:40 PM
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What's next, Gbay?
Old 06-14-06, 02:48 PM
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If Google comes up with fees half the price of PayPal...BYE PayPal!
Old 06-14-06, 02:54 PM
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Originally Posted by edstein
What's next, Gbay?
DVD Spot better watch out for GSpot. That was too obvious.
Old 06-14-06, 05:28 PM
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Originally Posted by ChiTownAbs, Inc
Why do people think that everything Google launches will be better than their competitors? I have a free Gmail account, and while I haven't used it for very long, I'm not very impressed by it. (I am even beta testing Gmail for your domain) Maybe I'm stuck in my 'Outlook' interface ways with folders, but I'm simply not impressed by it.
I can't think of a web-based email I liked better than gmail. Tagging (labels) and Archiving are awesome features -- They were also the first (i believe) web email to offer searching. That, and they offer free pop access. At home, I use Thunderbird to check my gmail. At work I can use their interface.

Google Maps is still the best I've used (I actually like Yahoo's interface better, but I often get crappy directions.)

I think Google Talk is so far a wasted effort on their part -- though it's integration into Gmail is pretty sweet. If they added Video to Gtalk, it'd be a good competitor.

I think Googlebase is ugly.
Old 06-14-06, 06:57 PM
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Originally Posted by DVD Polizei
If Google comes up with fees half the price of PayPal...BYE PayPal!
if it gets integrated with ebay, has a free debit card, and works as smoothly as paypal, I'm right behind you. I'm not going to abandon a non-sinking ship just to save a penny here and there.
Old 06-14-06, 07:05 PM
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Originally Posted by DVD Polizei
If Google comes up with fees half the price of PayPal...BYE PayPal!
How long will it remain at half the price of PayPal?

Answer:
Spoiler:
Until PayPal closes down, then they go higher than PayPal
Old 06-14-06, 08:12 PM
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Yeah, but if even if it lasts one year, I could save a shitload money in transfer fees.
Old 06-15-06, 08:07 AM
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Originally Posted by DVD Polizei
Yeah, but if even if it lasts one year, I could save a shitload money in transfer fees.
This statement doesn't make sense. Suppose GBUY's half the price of Paypal and you normally spent $200 per month to Paypal. You'd save $100 per month.

Over the year you save $1,200 but .....

At the end of the year Paypal goes bust. GBuy promptly trebles their charges (making them 50% higher than Paypal was).

Assuming you continue to use them over year two you now spend $300 per month.

Total Year 1 $1200
Total Year 2 $3600

Total Both Years $4800.

Total if you'd stayed with Paypal $2400 per year or $4800 over two year.

Nett saving $0. But now in year three you're screwed. Your apparent saving in Year 1 is offset in year two and you're into loss by year three.

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