There's been a lot of speculation about the Google's payment system. Finally, the speculations have been put to rest as an update on Payments has been given to all the curios users.

Google's advertisement programs and online services have been most concerned areas as most of the payments come through these services. Online billing and payments have been an essential part of Google's offerings. Every day Google receives payments from advertisers and then pays a few part of it to its advertising partners. Past four years have seen a tremendous rise in online payments. Google has already billed advertisers in 65 countries and collected more than $11.2 billion in 48 currencies. Google has also made payments of more than $3.9 billion to advertising partners.

Every year has seen an enhancement in Google services. To make it more convincing and user friendly Google has introduced some standard processes for buyers to buy its services. For example, a buyer having Google Account can buy Google Earth Licenses, Google Video Content and Google Store items. The way things are going on, we can expect a lot from Google in future.

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