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March 6, 2011 10:00 pm GMT

Why Payments Are Hard, Even For Apple And Google

Editor's note: Guest author Ohad Samet is an expert in managing fraud and other risks in payments systems. He was previously a senior manager at PayPal and blogs at As Risky At It Gets.We hear a lot of chatter about new payment services, and who's competing in the space, and obviously who'll win the space or own a big piece of it. Lately we've seen some movement when both Apple and Google announced new payment options for digital publishers and exchanged a few blows. So are the giants going to displace PayPal soon?

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