Forbes found out that Google's GBuy is set to launch on June 28. "We have been working to automate the advertiser click cycle. In other words, what we want to do is the moment the customer decides to purchase something, we want to make that as fast as we possibly can." said Jonathan Rosenberg about the project.
"If harnessed, the precision of this targeting could be revolutionary," wrote RBC analyst Jordan Rohan.
GBuy will be a competitor to PayPal and will not charge merchants for its payment service during the beta phase.
Google Purchases - ready to launch?
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