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And the system could make it easier for Google to develop a new advertising model in which advertisers pay only when a user completes a transaction, rather than every time a user clicks on an ad.
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Intended timeframe for completing a transaction.
Among the interested companies, Yahoo appeared the most focused on completing a transaction, this person said.
Detailed negotiations will now be held to complete a transaction as soon as possible.
According to industry statistics, 90 percent of those who begin the search to buy a business never complete a transaction.
"People still feel a need to talk to a live person to complete a transaction," Mr. Sumner said.
When users click on the "buy" button, a so-called daughter window appears where they can complete a transaction.
Take CarsDirect.com -- which, among the more popular car sites, is the only one on which customers can complete a transaction.
Khalil knew he would not complete a transaction for thousands of dollars by the side of the road.
General Motors said it would not complete a transaction involving its Hughes Electronics subsidiary before the end of this year.
These companies will generally provide a Bitcoin address where money can be sent in order to complete a transaction.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com