Google Launches Checkout
June 29, 2006 10:13 AM
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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
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RE: Integrate into eBay?
6/30/2006 1:00:39 PM
I screwed up on the protection amount, but this link explains everything
Thanks for the link, I'll be careful when shipping stuff. Never had issues with them, but still I'll double check when shipping next time - in any case I'm not quite sure other merchant payment processing services provide fraud protection that's any different from PayPal's.
BTW these guys from paypalsucks.com kind of spread lies, or how would you treat stuff like this:
PayPal's SPP: "A Confirmed Address is either the address at which the buyer receives their credit card statements, or an address of the buyer which PayPal has confirmed outside the credit card system."
paypalsucks.com: "You must send it restricted delivery, to the addressee only and that addressee has to be the paypal account holder, and it has to be confirmed by paypal and it has to be confirmed to be the address that the account holder recieves their credit card bill. Whew!"
Well, so PayPal says it doesn't HAVE to be credit card billing address, and paypalsucks says it MUST be a CC billing address - huh? Why should I believe paypalsucks? I read the policy, it states clearly - EITHER CC billing OR not CC billing, JUST CONFIRMED address (with their phone call obviously).
And then again at paypalsucks.com: "Also, the confirmed Address must be the address at which the buyer receives their credit card statements, or an address of the buyer which PayPal has confirmed outside the credit card system. Of course you as the seller have no idea how to verify this, but you have to do it anyway to be covered under the SPP."
Riiightt... so I HAVE NO IDEA hot to look at my screen and see that BIG GREEN "CONFIRMED" logo?
You know what - paypalsucks looks like a bunch of losers to me, they EVEN CONTRADICT themselves - read above.
Sorry, dunno about you, but I tend to trust people who at least state their thoughts and policies clearly, and in this case it is PayPal, not paypalsucks.
The only thing that classifies as a hard unbeatable evidence - is a list of steps and emails and detailed description of what has happened from someone who got screwed by PayPal. IF there WERE such people who KNOW and CAN PROVE they were RIGHT according to SPP - they MUST have something online. Sites like paypalsucks are just a wishful thinking kind of stuff...
Look at this, one more nice contradiction for you:
Paypalsucks: "According to PayPal accepting their ToS (Terms of Service) in effect means you waive your rights to credit card consumer protection laws if you want to use their service, and that you may not issue a chargeback for unauthorized use of your credit card and PayPal account, or if you do, then they have the right to limit your account. Is this legal? We don't know. But it's how Paypal operates."
And AFTER READING this you tell me some teen uses credit card with paypal and then his parents issue chargeback? FOR UNAUTHORIZED USE? Excuse me sir, that's another load of "contradicting itself" style of bulldrap I've got from you.
So next time you wanna state something incriminating about PayPal - please describe your situation where you did not get your money back and prove where exactly PayPal was wrong. I got the feeling that you missed some step in their SPP but I'd rather refrain from final judgement until I got experience similar to yours, or detailed description of the problematic situation with PayPal from you.
"The Space Elevator will be built about 50 years after everyone stops laughing" -- Sir Arthur C. Clarke
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