Google Wallet V. Ebay’s Paypal


 Google Wallet V. Ebay’s Paypal

We all know that when it comes to buying and selling goods, Ebay's Paypal might have a slight edge over Google Wallet. But starting Tuesday, Google is changing the game--Bigtime.

Google Wallet users get a free $10 credit with in-store purchases. They also get 0% interest on any purchase made for the first six months (6). This is all part of a promotion where customers are encouraged to fill their shopping cart with items from the store they're in and buy them through Google wallet instead of paying cash or using their credit card (5).

But wait...there's more!

If you use Google Wallet, you'll be able to tap and pay directly from your phone all over the world. For the first time in history, mobile money transactions will be faster than traditional bank wires (6). No more have to wait 3-5 days to receive your money! However, the catch is that you need a U.S.-issued credit card to do so (6). And if your card is issued outside the U.S., Google will charge a fee not to disclose the transaction information (5).

Ebay's Paypal is still much better when it comes to peer-to-peer transactions (as opposed to payments from the Google Play store). However, Google Wallet will be making a strong play for that soon too.

Google is hoping to be directly integrated with a large number of merchants by the end of 2014 (5). That means you'll be able to pay by tapping your phone on the point-of-sale screen wherever Paypal is present. Google Wallet will even help you find where Paypal is accepted.

Google Wallet might not be the answer to every problem we have in life. But those who do have a need for it, will be very happy with this announcement. As for how this affects us buyers and sellers, I think it's good for both. Happy Shopping!

Full article can be found here:

This is the Newspaper of Record with all the details.

Title: Apple Pay vs Ebay's Paypal - Who Will Win?

Ebay's Paypal has been a staple in the online payment business for years now. But with Apple's new mobile payment system (Apple Pay) coming out soon, will it still be at the top, or will it crumble beneath one of its numerous competitors? Let's take a look at some of them. Google Wallet Vs. Ebay's Paypal Google Wallet is how you pay for things in Google Play and Chrome. However, you can also pay using a credit card or bank account.  Google Wallet has around 1.5 million users currently, and is available for Android phones and tablets.  Paypal On the other hand, is known as an online money transfer service for online buyers and sellers of goods. Despite having a global audience since 2006, eBay's Paypal still only has around 13 million users. However, it is used by all major e-commerce sites on the Internet. It might be worth noting that Ebay doesn't make any money from PayPal itself but rather from the transaction fees that merchants pay (4).  Apple Pay Apple Pay's biggest advantage is that you don't need to install any new software onto your phone. If you own an iPhone (or a "i") or an iPad (or an "iPad"), you can use Apple Pay and not have to mess with anything at all.  The only thing that might put Ebay's Paypal at risk is the fact that it can be expensive to integrate into merchants' systems. Though, PayPal has a lot of money to throw around anyway. In December 2012, PayPal earned $1.5 billion in revenue--an increase of 53% over 2011 (4). Another potential advantage for Paypal is that it's already accepted by more merchants than Apple Pay will be at first. However, Apple Pay also has the advantage of speed. It's so fast, in fact, that it could put Paypal behind the times (4). Despite all of this, Apple Pay seems to be a complete and well-rounded system that will make online transactions easier for everyone involved. We'll just have to wait and see how it pans out! Sources: 1) 2) 3) 4) Full article can be found here:

Right now in the USA, Google Wallet is stronger, but with Apple Pay coming out, it might change the market for mobile payments all together, and only time will tell if it will be more popular then Google Wallet or not.

Article From: "Mobile Payments vs. Traditional Payments: Who Will Win?", February 21, 2014.

Title: Consumers want Google Wallet to replace their wallets with just one card
Industry: Mobile payments 2012 - 2014 Google Wallet is one of the most talked about NFC mobile wallets in the market as it has gained momentum and received positive reviews by many consumers as well as various industry analysts since its launch in 2011. However, despite having a head start over most of its competitors, Google Wallet has been facing some tough competition from Apple Pay, Samsung Pay and PayPal's upcoming One Touch solution which is expected to launch later this year. Google Wallet has about 1.5 million users and is available for Android phones and tablets in the U.S. which is a small fraction of the amount of users that Apple Pay, Samsung Pay and PayPal's One Touch will have when they are all launched later this year. However, despite having less users than its competitors, Google Wallet might just have an edge over them when it comes to ease of use for consumers as many survey results show that consumers would like to replace their wallet with just one card due to security issues from traditional wallets since most people do not carry much cash around these days anyway resulting in having multiple credit and debit cards in a traditional wallet making it redundant from a security standpoint.


Despite having less than 1% of the market share, Google Wallet is still a powerful competitor and it continues to grow in popularity as more and more companies start to accept its transactions. In the future, it may even become one of the most popular mobile wallets in the USA. However, this is still hypothetical at this point. In order to make a strong impact in the mobile payments market, Android Pay will need to make a strong showing against Apple Pay when it comes out later this year.

Post a Comment

Previous Post Next Post