Facebook Is Going After PayPal, Google Checkout
Posted by: siliconalleyinsider in Silicon Alley InsiderFacebook is coming after eBay’s (EBAY) PayPal and Google Checkout and it’s hiring-up to do it.
The guy who used to run Google Checkout, Prashant Fuloria, left Google (GOOG) after six years last month and now works for Facebook as its Director of Product Management responsible for the”Pay With Facebook” product, reports Inside Facebook.
Though the company hasn’t said so, it’s looking more like “Pay WIth Facebook” will compete not just with the for-social-networks-onlly payment systems from startups Zong, Boku, Social Gold and Slide, but also with the Web-wide biggies PayPal, Amazon and Google Checkout.