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[News] Microsoft Wants to Become Your Bank

eBay Watch: Skype Reaches 9 Million Users, Microsoft To Rival PayPal

Microsoft To Set Up Online Payment System

,----[ Quote ]
| Another potential competitor for PayPal. Nevermind that Microsoft
| has failed in the past to introduce a popular online payment system
| (remember Microsoft Wallet and Microsoft Passport). Nonetheless,
| it's not very welcome news for eBay coming so close to Google's
| full-effort attempt at rolling out Google Checkout.
`----

http://biz.yahoo.com/seekingalpha/070130/25525_id.html?.v=1

Would you trust Microsoft when it comes to your wallet? Or privacy?


Related:

Microsoft takes it to the bank

,----[ Quote ]
| Is the world ready for Microsoft Banking? Banks are traditionally
| very conservative with their software and hardware choices, and
| most still rely on expensive mainframes with multiple levels of
| failure protection. However, banks are also making a huge push
| to expand into other services, such as investment planning, and
| all these new services require new software. If they are
| successful, Microsoft will be laughing all the way to the, er, bank.
`----

http://arstechnica.com/journals/microsoft.ars/2006/11/14/5956

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