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
  • 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......
  • Cross browser javascript vulnerability It sounds like this vulnerability would take a great deal of user interaction, but cio-today is reporting on a browser vulnerability that affects pretty much every javascript enabled browser. According to Symantec .... "This issue is triggered by utilizing JavaScript 'OnKeyDown' events to capture and duplicate keystrokes from users," and......
  • Google announces analytics for web sites Google has rolled out another free tool for site owners. Google Analytics was announced today. Using technology acquired from Urchin, this free service (limited to 5 million page views a month), sits on your webpage as a little javascript "bug" of sorts and tracks information on visitors to your site.......
Blog Traffic Exchange Related Websites
  • Two Millionaires Why Do You Make Community Payments? Permission is granted to anyone to publish this message about the Two Millionaires groups on www.prosper.com unchanged, in it's entirety. It is a response to an inquiry about why we make community payments, from Kevin at www.RateLadder.com   The question is: "Why are you making community payments? Can I publish......
  • Federal and State Estimated Quarterly Tax Payments are Due! On Wednesday, I did a quick estimate of my taxes to see how much more I would owe for federal and state taxes and I realize that I may owe so much that I would be charged a penalty for underpayment! I guess I didn't realize how much I made......
  • Free eCommerce Softwares To Start eCommerce Business Here is the list of ecommerce software which are released under Public License. You could use any of these products free of cost. :-) Learn more about How to start ecommerce business using open source solutions ? Avactis - PHP Shopping Cart is a new-generation online store software. Top Features:......
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