Google Checkout



Gbuy, Gcheckout, Google Payments etc…. the news has been circulating for months – Google will compete with Paypal. Well, Google Checkout has finally launched and is being covered by most every outlet covering online news (including several of Google’s blogs are talking about this latest product launch from google. It seems to be US only at this point and there are a couple of interesting twists.


One thing that I saw is that if you’re an adwords advertiser you can process $10 in payments for every $1 you spend in adwords. (Without processing fees)….. so, a $1000 adwords budget can net you $10000 in “free” transactions. Above that (and if you’re not an adwords advertisor) you get a 2% fee + 20 cents on each transaction, which is a bit lower than Paypal’s going rate. (2.9% + 30 cents a transaction).

Much like Paypal – you can use the Google Checkout login information to send payments along to vendors in the Google Checkout system. It doesn’t look like it matches paypal feature by feature. However, it does seem to have some nice features. A lot of people see this as a “paypal killer” I seriously doubt that, although I suspect uptake of this new service will be fairly quick. I see room for several online payment processing options (like visa/mastercard/discover, etc…. are accepted many places we might see paypal/google checkout accepted at many online sites.)

It will be interesting to see what kind of uptake there is. I can’t imagine that this won’t be adopted quickly by many online businesses.

Related Posts

Blog Traffic Exchange Related Posts
  • Google Sitemaps adds more tools I just re-visited sitemaps last night to take a look at some of the new tools they've rolled out. Google announced that they were adding a few features in the last couple days. Crawl statistics (and control over slow/normal/fast crawl speed) is one of the additions, also it's possible to......
  • Secrets of Making money online - bux.to I know, you've seen the ads - make $6000 a week in your spare time!! Make money doing the things you do ANYWAY, like reading email, browsing the web. The last week or so as things have been slow (and technically I was still "on vacation" until the 3rd of......
  • Google Toolbar evil? Boy, that would bring in comments.... Googling Google highlighted some behaviour of the Google toolbar that seems a bit fishy. It appears that it blocks attempts to modify the default search provider in Internet Explorer. This was first reported over at Google blogoscoped and appears to be a bug (after......
Blog Traffic Exchange Related Websites
  • Why Internet Marketing Campaings Fail? Like many other people around the world, you can find yourself as a part of the home based business industry. Using all the information that is available on the internet today, you could think that you are doing everything right. First of all, you have a website that is easy......
  • Launching A Smart PPC Advertising Campaign Search engines are used for actually everything, from visiting of shop to articles online. The majority of websites are found through search engine use; however, not all websites receive movement, which they should endure, because they have no necessary visibility to prosper. One method of creation of visibility finishes encouragement......
  • Are You Managing Your Debt Correctly? Although debt is a dirty word to many, the fact of the matter is that the vast majority of us are in debt in some way or another. No matter how hard we try, there are times when you simply need something and cannot afford to pay for it straight......
PDF24    Send article as PDF   

Similar Posts


See what happened this day in history from either BBC Wikipedia
Search:
Keywords:
Amazon Logo

Comments are closed.


Switch to our mobile site