eBay has updated it's "Safe Payments Policy" to specifically NOT allow Google Checkout. I suspect sellers (especially multichannel) will be pretty upset about this.
It will be interesting to see what lame excuse eBay uses to justify this. For example, they will probably say it's new so prone to fraud. Well, in reality it's a credit card gateway (and the same one eBay spends millions with as the top google adwords user) and credit cards are specifically allowed along with gateways (verisign/cybersource/authorize.net, etc.)
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