Have you heard about some major news about e-commerce hitting headlines the other day? Google has enhanced its online payment service and e-commerce transaction capabilities and now everyone can buy and sell via its recently emerged Google Base service.

Some are apprehensive that the move can send waves, not ripples, through the Internet space, because now Google poses a serious competitor to such an online marketplace as eBay and its partner payment service, which is PayPal. Well, not now as the introduction of the service was announced Monday.

“In our view, this is a clear shot across PayPal’s bow,” San Francisco Chronicle at www.sfgate.com has quoted Ben Schachter, an analyst for UBS Securities, as saying.

So, Google Base as an e-commerce platform and Google Accounts as a payment service are soon-to-be-fierce rivals in skill to the eBay-PayPal team. Google Base was created about four months ago.

According to ARNnet Google Base is a service designed as a funnel for users to post all kinds of content to the search engine’s index.

Google Base is meant as a complement to the company�s Web crawler, which goes out and indexes content from Web sites. With Google Base, users can feed the index with information the Web crawler may miss or not be able to fetch. Since a portion of the items posted on Google Base are for sale, Google has decided to facilitate those transactions,� the source informed.

As well, Google Accounts is good in the way it charges no fees, no commissions. To register there, you will need an actual e-mail address and a valid password.

Google has a comparison shopping service, an online shopping area called Froogle. Some think that it would be more expedient to use this service for promoting easy and headache-free e-commerce transactions. Go to base.google.com and see if you would like to go into e-trade with it.

e-commerce, Google Base, e-commerce platform

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This entry was posted on Wednesday, March 1st, 2006 at 12:49 am and is filed under Home-based business, Uncategorized. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.