Linked by Thom Holwerda on Fri 27th May 2011 21:50 UTC, submitted by sawboss
Legal Ding ding ding ding - I think we have a record here. Launched yesterday, Google Wallet has already attracted a lawsuit. While patent lawsuits are teh shizzle these days, this lawsuit is a little different, so sadly I can't trot out my usual 'software patents bad' lines (aww). PayPal has sued Google over its Wallet service, claiming that one key former PayPal executive who accepted a job at Google took trade secrets with him.
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RE: this has upset the plan
by robojerk on Sat 28th May 2011 21:27 UTC in reply to "this has upset the plan"
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While I agree with you, Paypal is not a bank and is not subject to the banking rules.

With all the shenanigans going on with Western Union, now Paypal, I can see the same nonsense happening with Google. These money transfer services need to fall under the same rules as the credit card companies.

Western Union and Paypal are used in too many scams, with zero consumer protection. What makes you think Google Wallet will be any better?

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