Google Launches PayPal Rival

Google Checkout Launched Roy van Rijn informs us that Google's new online payment system is now online. "Under the name Checkout, the venture offers an incorporated manner to search, advertise and pay. If you buy something on Checkout, 2% and $0.20 go to Google. Paypal, the biggest competitor uses 1,9% and $0,30. Analysts compare Google/Paypal to for example Visa/Mastercard living peacefully together, while others predict the end of Paypal." W3K adds "You can use your Google account to store an unlimited number of credit cards and addresses. The service allows you to track all your orders and shipping in one place," and adds a link to a quick video tour.

Comments

Racing shopping cart

[Bromskloss]

I want one too! Wroom, wroom!

Re:NYT article

[mgblst]

Google is charging merchants 20 cents plus 2 percent of the purchase price to process card transactions, less than most businesses pay for credit card processing.
 
Who the fuck writes 2 percent instead of 2% - are they gonna wright 5 dollars as well??? No.

Re:New Revenue Streams Trend to Conservatism

[Anonymous Coward]

Thanks dickweed, the post you replied to meant conservative in the business sense, not in the political sense. But that did not deter you from having to make a dig at the NYT because they don't post many stories that agree with your bullshit politics.

Re:End of Paypal ?

[generic-man]

A coworker was using Windows Live Local, which is really cool if you live in one of the places that have Bird's Eye (TM) maps. Example: a baseball game seen aerially so close you can make out individual players on the field!

Also cool on Live: traffic, which Google Maps doesn't provide. Ask.com maps is another site that has outdone Google in mapping. Competition is truly good and I thank Google for raising the bar here.