Google Wallet Renamed to GBuy: Set to Compete with PayPal

Back in June 2005, Google's PayPal service under way was reportedly named Google Wallet and then again in October 2005, we heard rumors that Google Wallet was Coming Soon but now we are in February 2006 and we have reports that Google Wallet is really GBuy.

An article from the Wall Street Journal named PayPal Prepares For a Challenge From Google has the details.

Great so it is named GBuy. When is it going to be live?

Forum discussion at WebmasterWorld and DigitalPoint Forums.