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Other Tech News The latest community based technology news from across the globe. (If you aren't a community newsposter then use the "Submit News" section.)

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Old Jan 29, 2007, 01:31 AM   #1
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Microsoft: forget about PayPal, how about a MasterCard killer?

Source: ars technica
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Ever since PayPal burst on to the scene, the Nostradamus types have been predicting one PayPal killer after another. First it was "e-gold," then Western Union, then C2IT (by Citibank), then Google. None of these players have put a dent in PayPal, and in fact more than a few of them have gone the way of the dodo. Even Google Checkout is having problems these days.

The space is about to get much more competitive now that Microsoft has announced their plans to build a micropayment service with a twist. The killer feature? The Redmond giant apparently wants to take on Visa and MasterCard, among others.
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Old Jan 29, 2007, 02:07 AM   #2
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After all the crap they have started, screwed up and scrapped, I wouldn't trust anything to them.

Remember that Passport.NET crap? Bah!
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