Google Checkout allows users to store credit card info on Google and then make one click payments. This is a big step forward in convenience ( and also potential problems with fraud and identity theft) Amazon and Paypal run equally convenient systems to pay people. So do credit cards.
But interesting how the big web companies are slowly moving forward to assume defacto pole position when you make purchases via the net. US Banks and credit card companies have been slow to recognized the threat.
Opinion is divided about whether it'll work. However it's a relentless trend now. Financial service are moving away from financial houses, to new places; like Google: and new systems of sending money from one person to another are springing up which ordinary consumers are embracing.
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