Thursday, April 26, 2007

Google Checkout is an online payment processing service provided by Google aimed at simplifying the process of paying for online purchases. Users store their credit card and shipping information in their Google Account, so that they can purchase at participating stores at the click of a button. Google Checkout also offers fraud protection, as well a unified page for tracking purchases and their status.

The service charges merchants 2.0% plus $0.20 per transaction. However, Google has decided to charge $0 for processing until December 31, 2007
Prior to launch there had been early speculation that Google was building a product to compete with PayPal. However, the scope of Google Checkout is very limited compared to the PayPal offering. Google Checkout processes payments without storing value, and cannot be used to make payments from person to person.

eBay (which owns PayPal) raised some controversy when it added Google Checkout to its banned payment methods list, thus preventing eBay users from using Google Checkout.
Google Checkout service was first made available in the United States. The service later became available in the UK on April 13th, 2007.


Welcome to the Google Checkout blog for sellers! Here you will see updates and news about this new checkout option that makes online shopping faster, more convenient and more secure. If you have an online store, customers who visit your site can use Checkout to buy from you with a single username and password. And once they do, you can use Google Checkout to charge their credit cards, process their orders, and deposit funds in your bank account.

One of the things that sets Google Checkout apart is that it’s integrated with Google AdWords to make it easy for you to attract new customers, increase sales, and process sales for free when you advertise with Google. And if you don’t advertise with us, no worries: you can still offer your customers a fast checkout option and take advantage of our flat 2 percent and $0.20 per transaction processing fee.

To learn more, visit checkout.google.com/sell or watch this video about selling with Google Checkout (which you can also watch below). We hope you'll put Checkout to work for you and join merchants like Jockey, Timberland, Starbucks Store, Dick's Sporting Goods, Zales, GNC, Tweeter, Dockers, and many more. Happy selling.
https://checkout.google.com

No comments: