While Google's new Checkout feature is slated to compete directly with eBay's PayPal, in reality it's simply a credit card gateway, and the same one eBay spends millions with as the top Google AdWords user

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(Continued) The RFS Newsletter, Jul. 8, 2006. Page 6
In news on Thursday, online auction giant eBay has changed it's Safe Payments Policy to specifically prevent any of its members from using Google Checkout. The reasons behing eBay's decision aren't clear. While Google's new Checkout feature is slated to compete directly with eBay's PayPal, in reality it's simply a credit card gateway, and the same one eBay spends millions with as the top Google AdWords user. Additionally, credit cards are specifically allowed with all payment gateways such as Verisign, CyberSource, Authorize.net, Secure Checkout, etc.

Here's a relevant excerpt from eBays new Terms of Use policy:

Payment Services not permitted on eBay
AlertPay.com, Anypay.com, AuctionChex.com, AuctionPix.com, BillPay.ie, eCount.com, CardServiceInternational.com, CCAvenue, e-Gold, eHotPay.com, ePassporte.com, EuroGiro, FastCash.com, Google Checkout, gCash and GearPay.

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