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GBuy to Google Checkout

It has finally launched, the long pondered about financial payment service from Google. There has been quite a bit of speculation as to just who this will affect the most, Paypal, EBay, Amazon, Yahoo Shopping, MSN Shopping, etc.

From the quick look I took of it it seems to be an online credit card storage payment system. The first thing that happens when you sign in to an account is a big page asking for your credit card info. This then adds it to your Google account information. There are a few stores listed that you can buy from, but it does not seem to be a general tool for any kind of globally accepted payments, just stores with Google Checkout.

More to come as it develops.

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