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> Google only holds power over those swaths of people who surrendered some aspects of their lives to Google No. Google wallet is, as of now, an unacceptable pa
by sergiosgc 12y ago
> Google only holds power over those swaths of people who surrendered some aspects of their lives to Google
No. Google wallet is, as of now, an unacceptable payment processor for me. Its existence, however, precludes other competitors from entering the space. As such, even if I do not use Google services, its power still affects me.
For a reduction to the absurd, imagine Google wallet a payment processor monopolist, or a duopolist (with PayPal).
- TheCraiggers 12y ago>Its existence, however, precludes other competitors from entering the space. Amazon and Paypal are still both way bigger than Google Wallet is. I sincerely doubt that anybody looking to get into the payment processing industry is saying "crap, we can't do this because Google already does". They're worried about competing with Paypal. Hell, even Bitcoin is accepted at more places than Google Wallet is, from my own life experiences.
- TuringTest 12y agoDo Paypal and Bitcoin work as standard payment processors for applications in the Play store? And Amazon, for non-Kindle devices? The whole point of the walled garden is that, in order to be able to access a customer base, you have to play by the rules of the gatekeeper (and pay the toll). I'm not comfortable with a market model where the only choice is what garden you want to be in.
- smt88 12y agoPayPal is accepted in the Play Store. Do some research.