Is Google Gbuy the PayPal Killer?

The system is one of many systems under development from Google, to make it easier for online users to pay for items they buy through a trusted source, in this case, Google. However, news is out this week that GBuy is turning out to be much more than a PayPal competitor — Google has plans to turn it into an eBay competitor as well.

After months of speculation, it’s about time we are finally learning more details. I know I am not alone in saying that I will switch to GBuy if it’s cheaper than PayPal. PayPal hits you where it hurts, so hopefully a little bit of competition will help even things out.