Google Launches Checkout
June 29, 2006 10:13 AM
comment(s) - last by
Google says Checkout does not compete with eBay and PayPal
Google today announced Checkout, a much anticipated online commerce feature. Previously reported to be called GBuy, Google's Checkout enables customers to use their Google login to make purchases securely and quickly. Major online etailers are set to sign on with Checkout and Google says it expects many people to be Checkout-enabled in the short term. According to Google, Checkout will offer customers a higher level of security by masking credit card information from the store, and in fact be able to offer customers reimbursements for purchases that were not authorized. The press release indicated:
If shoppers want to use Google Checkout, they can create a Google Checkout login right from the merchant's site with a single username and password by entering basic information, such as their contact details, payment preferences, and shipping information, once. Then, when checking out at any store that offers Google Checkout, they can simply select Google Checkout, quickly complete their transaction with their login information, and avoid the hassle of filling out multiple forms. In addition, shoppers can keep track of their purchase history, including orders and shipping details, in one place.
During a recent press conference, Google CEO Eric Schmidt indicated to reporters that the new service would not
be a competitor to eBay
and said that it would be "different" from PayPal. Checkout will be compatible with all major credit cards and Google is currently holding a special promotion with Citi. The company also indicated that Checkout will tie in with other programs like AdWords and AdSense -- an ideal tracking and marketing combination for merchants it said.
To acquire new customers and participants, Google is currently offering a payment processing service through Checkout for merchants where for every $1 they spend on AdWords, they can get $10 worth of sales processing through Checkout for free. Google says the program offers a big incentive for merchants, who routinely pay higher processing fees while having to pay for separate advertising.
For those interested,
you can take a look at Google Checkout here
This article is over a month old, voting and posting comments is disabled
RE: Dear Google...
6/29/2006 2:29:48 PM
Am I the only one that's actually had good luck using them? I got screwed once on a $90 item, and was refunded my money through paypal with little effort at all. In fact it was so easy that I felt like defrauding them would be extremely simple. All I did was fill out a form on their website and next thing you know, $90 in my account.
Also, eBay? What's wrong with eBay??
RE: Dear Google...
6/29/2006 3:43:01 PM
Am I the only one that's actually had good luck using them?
No, you're not, I had no issues with them at all. It's just some people being a little bit greedy, plus PayPal imposes those hucking personal account limits, god I hate it! Other than that they are ok guys to me.
Ah, they also could cancel 3% fee if the transaction was funded NOT with CC, but with debit - this is why we need competition from Google! If Google does the same with no stupid account limits and more user friendly fee policy (no CC == no 3% fee) I'll switch in a sec, even if I lose my eBay rating - I'll just build it again from scratch, in 3 years I'll be 102/100% positive again :-)
"If they're going to pirate somebody, we want it to be us rather than somebody else." -- Microsoft Business Group President Jeff Raikes
Google's GBuy on Target to Aim for eBay and PayPal
June 12, 2006, 5:25 PM
Google's Gleaming Glass HQ Gets Mountain View Snub, LinkedIn Gets the Love
May 7, 2015, 6:58 AM
Tech's Tax Day Fortunate Few: Qualcomm, Xerox, GE, et al. Pay Little or No Taxes
April 15, 2015, 11:30 AM
LinkNYC Terminals to Blanket New York City With Free WiFi, Free Calls, and Ads
November 17, 2014, 6:50 PM
Microsoft is Open-Sourcing Most of .NET, Adding OS X and Linux Support
November 12, 2014, 8:27 PM
Home Depot Lost 53 Million Emails, Blames Windows, Buys Execs New Macs
November 9, 2014, 5:00 PM
Former NSA Lawyer: If Google, Apple Encrypt User Data, They’ll Wither on the Vine Like Blackberry
November 6, 2014, 12:15 PM
Most Popular Articles
iPhones May Get Curved Screens Next Year
August 24, 2016, 6:45 AM
Drones at the Airport
August 26, 2016, 5:00 AM
First Apple Computer Auctions for $815,000
August 27, 2016, 7:51 AM
5 Easy Ways to Lower Blood Pressure By Monique C. Bethell, Ph.D.
August 25, 2016, 8:00 AM
2 NEW PlayStation 4 Models - Unveiling September 7th
August 23, 2016, 6:23 AM
Latest Blog Posts
First Self-Driving Car debut on the streets of Singapore
Aug 28, 2016, 4:10 PM
Coming Soon - Drones and Airports
Aug 24, 2016, 12:40 PM
SolarCity’s Gigafactory: A Milesone in Emerging Technology by Lily Emamian - 15 August 2016
Aug 15, 2016, 6:30 AM
Sceptre Airs 27", 120 Hz. 1080p Monitor/HDTV w/ 5 ms Response Time for $220
Dec 3, 2014, 10:32 PM
Costco Gives Employees Thanksgiving Off; Wal-Mart Leads "Black Thursday" Charge
Oct 29, 2014, 9:57 PM
More Blog Posts
Copyright 2016 DailyTech LLC. -
Terms, Conditions & Privacy Information