Sunday, January 28, 2007

Rumor Mill!

Ina Steiner just blogged that Microsoft is considering getting into the payments business. It looks like this is only involving micro-payments but either way eBay doesn't want the big M involved.

When the two big guys (Google and Microsoft) get into the payments business eBay has to be worried. They can protect their domain (eBay, Skype) for awhile but the rest of ecommerce is huge and growing faster than eBay.

I wonder how this rumor will affect eBay's stock price tomorrow? When your Cash Cow is endangerd that's not a good thing.


firemeg said...

I can't wait to see how this all plays out. Google has taken a 6% marketshare in 3/4 of a year. And now they are planning on going global, and beta testing is being done in numerous foreign countries for Checkout. Now Microsoft jumps in the mix.
Many say that Google is not having a big impact, but 6% in less than a year seems big enough for me. This new microsoft offering should make things even more interesting.

Randy Smythe said...

It won't take long before eBay starts to feel the pinch in the payments area. Google is committed to their product and going global will just add to the pressure PayPal feels.

As for Microsoft, we will have to see what their product actually is. Micro Payments are something nobody else is doing.