Google vs PayPal

I've read an interesting article at Le Monde. According to it, Google is running its own on-line payment system (since july 2006) and it want to propose it for on-line shops for free in 2007. The name of this system is Google Checkout, it's rival to PayPal of eBay group. At the moment PayPal is first among on-line payments. Well, we will see who wins ;)