Yahoo! and PayPal Emulate Checkout
A few days ago, Yahoo announced that they're teaming with eBay's PayPal, the most popular online transaction system, to compete with Google Checkout. The main features are freakishly similar to Google Checkout. Here are some of the similarities that stand out:
1. The badge next to the ads (Google's now changed to a bigger, and more colorful badge)
2. Free processing till December, '07 (exactly the same as Google)
What does this mean? I think it means, PayPal realizes that Google's innovative promotion of their service is working, and is eating into their share. For Yahoo, this is just a way of countering Google's service even if they don't want to invest in creating a new competitor.
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