Google’s push last week into credit card transaction processing for its free classifieds service Base is a worry for eBay/PayPal, which is not going to sit idly by.

AuctionBytes.com reports sellers on eBay are concerned the auction site’s new “Safe Payments” policy it rolled out last fall, could be used to block Google’s payment method, making for a less universal world of online auctions.

The report says unless eBay specifically states in its policy that it accepts Google’s payment service, sellers will be violating the eBay policy if they include any mention of it.

But there’s no turning back from the rivers of transactional gold, and financial analysts are glowing with the possibilities for Google’s bottom line.

But the move is not without risk to Google’s do-no-evil image if it was to experience the onslaught of phishing emails that have tarnished the PayPal and eBay brands with consumers.

And auction watchers note there is a lot of work to be done to Base’s bare-bones front end before it can challenge eBay.

Keeping the beta feel going as long as possible, Google said it was allowing sellers to register their interest.

Posted: 02|28|06 at 10:39 am. Filed under: Auction News.