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Google's GBuy to launch June 28

Forbes has a short piece on what apparently is Google's new online payment system, GBuy, set to launch on June 28. Exactly how this new system will work and what it entails is a bit sketchy. The rumours about a Google brand payment system has been around for a while, but this one seems to tie into the adsense business which would seem to lend it some credibility.

Ars Technica has further comments.