VeriSign Completes Sale of Payment Gateway Business to eBay

VeriSign, Inc. (Nasdaq: VRSN), the leading provider of intelligent infrastructure services for the Internet and telecommunications networks, completed its previously announced sale of VeriSign's payment gateway business to PayPal, an eBay company, on November 18, 2005.

I wonder what the Google boys are doing in this area. I seem to reember reading sometime ago that they are working on a payments system. maybe, with this week's integration of Google Base, Local Search and Froogle, a payment gateway can't be too far off.

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