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Google Launches PayPal Rival

Posted by ryuzaki0 on from the lookit-all-them-teeny-payments-vern dept.

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.

2 of 449 comments (clear)

  1. It's off to a poor start so far by chroma · · Score: 0, Redundant

    I just tried registering as a seller on Google Checkout. I get the following error when entering my total sales and EIN:

    Oops!
    An error occurred while processing your request.

    Apparently, I'm not the only one having problems with this new service:
    http://slashdot.org/comments.pl?sid=189880&cid=156 27138

    --

    Your design to a real part online: Big Blue Saw
  2. Re:1,9% and $0,30 ? by Phroggy · · Score: 0, Redundant

    When google will let my customers pay without having a google account I will switch.

    You don't have to switch - you can support both. Customers who already have a Google account can pay through Google's new system; customers who already have a PayPal account can use PayPal; customers who aren't already signed up with anything can go through PayPal as well, or can sign up with Google.

    --
    $x='S24;r)>63/* h@<5+oZ)32"5cz';$me='phroggy'x$];
    $x=~y+ -xz+\0-Tx+;print$_^chop$me for split'',$x;