Google Checkout

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Google Checkout
File:Google Checkout.png
Developer(s) Google
Operating system Cross-platform (web-based application)
Website https://checkout.google.com

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 or debit 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.

Google Checkout service was first made available in the United States on June 28, 2006, and later became available in the UK on April 13, 2007.[1] It was free for merchants until February 1, 2008[2]. Between that date and May 5, 2009 Google charged merchants 2.0% plus $0.20 per transaction (1.4% + £0.20 for UK merchants). Since that date Google has moved to a tiered cost structure, identical to that of PayPal[3]. Also since this date, Google have discontinued their offer whereby merchants who advertised with an AdWords account were not charged fees on monthly transactions totaling less than ten times their monthly AdWords expenditure.

Google Checkout also has a program which allows US IRS Certified 501(c)3 Non-Profit organizations to collect donations online, for a fee of 2.9% + $0.30 for donations under $3000, with lower rates for larger donations.[4]

eBay (which owns PayPal) caused some controversy when it added Google Checkout to its banned payment methods list, thus preventing eBay users from using Google Checkout.[5]

External links

References

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