Googles Gbuy to Changing Online Buying

June 11, 2006 by Ty | 6 Comments

 Forbes

RBC Capital Markets maintained an “outperform” rating on Google in light of the impending launch of the company’s online payment system, currently known as “GBuy.”

Consumers using GBuy, which is set for release on June 28, will be taken off the merchant’s site to complete the payment. This will enable Google (nasdaq: GOOG - news - people ) to capture e-commerce transaction data, driving more precise targeting in future searches.

“If harnessed, the precision of this targeting could be revolutionary,” wrote RBC analyst Jordan Rohan in a report Friday.

On its core search results pages, Google will designate each merchant accepting GBuy as a “trusted GBuy merchant.” If consumers view this as a mark of safety and security, Rohan believes this should increase click-through rate.

In eBay Trends, eBay News

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