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06-29-2006, 03:28 PM
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#1 (permalink)
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Junior Member
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Google checkout
From my website ( http://www.oziz.co.uk):
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Similar to ebay’s Paypal online payment service, Google checkout allows merchants to conduct business online through embedded checkouts whilst consumers can purchase goods online just by logging into their Google account. It seems to be slightly cheaper than the dominant Paypal service, with a 2% transaction charge plus standard $.20 fee. For sellers using Adwords they can also benefit from a discount proportional to their advertising expenditure.
Google Checkout seems to only be out in the USA right now, hopefully it’ll hop over into the UK and Europe in the near future. For now, here’s a video tour.
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Anyone signed up to it, or using it yet? Looks a promising, cheaper subsitute to paypal 
Last edited by emitind : 06-30-2006 at 04:44 AM.
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06-29-2006, 05:05 PM
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#2 (permalink)
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YE Veteran
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Not using it, and don't plan to. Google should stick to search; with their hands in everything else, it's just a matter of time before the house of cards comes crashing down. Personally, I don't want to be a part of this when it happens. I'll be sticking to PayPal, thanks! 
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06-29-2006, 05:45 PM
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#3 (permalink)
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Junior Member
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Despite the potential cost-savings?
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06-29-2006, 06:26 PM
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#4 (permalink)
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YE Veteran
Location: San Jose, California
Total Points: 5,198.00
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Their rates are actually slightly more than PayPal's so I don't see any cost savings...but it does add a lot of protection, make shopping easier, and consolidate shopping online into one account. I plan on signing up once I can find my credit card!
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06-29-2006, 08:10 PM
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#5 (permalink)
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YE Veteran
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Quote:
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Originally Posted by emitind
Despite the potential cost-savings?
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Cost savings?
Clients trust the PayPal brand and they are familiar with the process. More and more consumers regard Google as the "big brother" of the Internet, and are very wary of linking their financial accounts to this giant. For my company and our clients, sticking with PayPal is much more cost-effective.
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06-30-2006, 04:50 AM
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#6 (permalink)
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Junior Member
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Quote:
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Originally Posted by mxer210
Their rates are actually slightly more than PayPal's so I don't see any cost savings
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Where did you get that from?
Standard rates
Google Checkout:
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Process sales for free.
For every $1 you spend on AdWords, you can process $10 in sales for free. For sales that exceed this amount or if you don't use AdWords, you can process them at a low 2% and $0.20 per transaction.
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https://checkout.google.com/sell?promo=sbhp
Paypal:
Fees per transaction (USD): 2.9% + $0.30 USD
https://www.paypal.com/cgi-bin/websc...g-fees-outside
In any case, it wouldn't make much business sense for Google to enter the market at a higher rate to get hold of Paypal's market share...
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More and more consumers regard Google as the "big brother" of the Internet, and are very wary of linking their financial accounts to this giant.
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I disagree. Google is much more well known than Paypal in wider terms and has been labelled as one of the most trusted brands many times. Although, as they grow into new markets, perhaps people will become more weary as to their real motives. The checkout system doesn't seem to add to their aim of 'free information' (or whatever).
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06-30-2006, 06:29 AM
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#7 (permalink)
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YE Veteran
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emitind, can you please share your sources that have labeled Google as a trusted brand? I would be interested in seeing these - it would be a fresh look on a subject I've only seen negative things about.
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07-01-2006, 10:50 AM
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#9 (permalink)
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YE Veteran
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Ok, two things I noticed right off.
One, this is for the UK market, which is quite small. The sentiment towards Google here in the US is very different - and is becoming negative on many fronts.
The second thing I noticed was that this was for favorite brand, not trusted brand, as you said. There is a big difference.
Anyway, I won't argue about it. I won't use Google Checkout for the express purpose that it does not meet the needs of my company or our clients.
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07-01-2006, 12:44 PM
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#10 (permalink)
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Member
Location: Georgia
Total Points: 695.00
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CNN had a little blurb on Google check out the other day.
I plan to test google check out on one of my new digital products, however, I will primarly be sticking with paypal and other merchant accounts. (unless google can change my mind.)
I was actually logging on today to bring up this very topic, but it appears I'm a little late!
With all the threats of net neutrality, and companies trying to rule the Internet, we should be careful not to give one company to much individual power.
The Internet should not be owned by comcast, or google!
PS. I'm going to see superman returns today, anyone else see it yet?
Last edited by Robben_Salter : 07-01-2006 at 12:47 PM.
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07-01-2006, 12:58 PM
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#11 (permalink)
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YE Veteran
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Quote:
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Originally Posted by Robben_Salter
CNN had a little blurb on Google check out the other day.
I plan to test google check out on one of my new digital products, however, I will primarly be sticking with paypal and other merchant accounts. (unless google can change my mind.)
I was actually logging on today to bring up this very topic, but it appears I'm a little late!
With all the threats of net neutrality, and companies trying to rule the Internet, we should be careful not to give one company to much individual power.
The Internet should not be owned by comcast, or google!
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Exactly!
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Originally Posted by Robben_Salter
PS. I'm going to see superman returns today, anyone else see it yet?
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Not yet, but I want to.
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