InfoWorld- Ending more than a year of speculation and rumors, Google plans to release on Thursday its much-awaited online payments system: Likely surprising many because its reach will extend farther than previously thought.
The system will be called Google Checkout, not Gbuy “as some reports have suggested, and it will launch in final form rather than as a typical Google “beta” offering. It will not be circumscribed to Google advertisers, although participants in Google’s AdWords program will have some advantages.
“This is a very big deal. This is an entire transaction ecosystem,” said Gartner analyst Allen Weiner. “This is one of Google’s most important deals in a long time.”
