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December 20, 2006


the b

Google Checkout will only grow in popularity because Paypal has a virtual monopoly on the small scale online financial transactions and the fees they charge are far too high (i.e. disproportionate to the service provided). A competitive market is required to bring these fees down and consumers will respond to cuts in fees.

Jeff Molander

Indeed, critical mass is key and I (among others) predict a few other strategies that Google will use to gain mass adoption among both retailers and consumers. This, IMO, is part of a much larger play aimed at the SME sector -- in addition to extending their dominance in the ad game.

My extended thoughts here:


This is great news in my opinion. Market forces and rampant Capitalism will help to further democratize the web. This is good for all on-line Clubs.

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