Google moves deeper into PayPal territory

May 4, 2010: 11:06 AM ET

Investment in payments provider Corduro would add service options to Google's Checkout system and extend Google's reach to retailers and micro-transactions.

Google updated its Ventures page last night to reveal several new investments in technology companies.  One such investment is in online payment services company, Corduro.

Corduro's website advertises its expertise in: "Payment solutions for retail stores, teams & clubs, education costs, property management, mobile solutions, healthcare cost, fraternities & sororities, collections, and any where else transactions are made."


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