Killer App: New Content Payment System?

Much speculation around Google’s new announced payment system (we’ve been coverig it too, here). According to some people, the true potential power that Google would have, if the world’s biggest search engine were to offer an electronic wallet of its own, is to be the facilitator of digital media swapped back and forth on the Web.

“Searchers want great, high-quality content, and some of them will be willing to pay for it,” Kevin Lee of Did-it wrote. “I’m not just talking about the lofty $5 per article that a stock analyst report or medical document might fetch, but also the 8 cents searchers would pay for access to their favorite song lyrics, or 1 cent to read today’s blog post by Al Franken or Rush Limbaugh,” said Lee.

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