Google payment (Gbuy) Starts This Month

I'll love this if they've got very ease of use and can accept direct deposit.

Oh imagine that, a full online banking entity from Google. Allowing AdSense and AdWords to come out of GBuy instead of credit cards, direct deposit ... debit card.

Oh my, oh my ... Google really has endless possibilities, this would be a great, great, great thing if they did a very in-depth version of this.

 

Hooray!!! Finally Paypal has a true competitor! I hope gbuy will accept my country too

 

GBay can truely compete Paypal. Paypal although is a very nice system but google will be preffered.

 

Yeah that is what i am thinking, as paypal dont support my country i use it via my US bank account but its tiring.I am sure Gbuy will help and it will be fast becaue it will on ajax

 

Great..another GreenZap!!!!!! OH NOES!!! You said Gewgle right?

 

what makes us so sure Gbuy will support all countries. I sure hope so since my online business is very limited without paypal. But what makes us sure that we will be supported.

 

I was ready a newsletter about Google Gbuy. Apparently it says that Google is ready to launch Gbuy on June 28, 2006. Apparently the transaction fees are suppose to be lower than Paypal. There is a slew of other greater features that Gbuy offers. Heres a link for further reading.

http://www.zdnetasia.com/news/internet/0,39044246,39367245,00.htm

 

I'm really hoping that google ties gbuy in with adsense and adwords so i use adsense cash earlier

 

Google has yet to say what the fees will be.
Everything so far written about fees have been pure speculation.

One thing to remember, right now google has been testing this system for the past 9 months or so with selected merchants.
And it may only be open for more merchants only come opening day.
So for consumers wanting another payment processor, it may be longer wait than most think.

Until google finally talks about gbuy, fees, who can use it, etc etc
Don't quit paypal yet!

Oh, and this is like the third or fourth thread now started on gbuy.

 

I haven't seen any confirmation that they will tie Gbuy with Adsense. But I am sure they will. It is still in beta testing. But I am sure in due time or with demand they will tie the two.

I also found the rates of Gbuy vs. Paypal. Here is the comparison rate.

"Google charges sellers 25 cents, plus 2.5 percent of the value of the transaction, while eBay's PayPal generally charges 30 cents and fees ranging from 1.9 percent to 2.9 percent per transaction, the paper noted."
posted by Elinor Mills on http://news.com.com/

 

I will certainly be keeping an eye on this. I heard about this on Shoe's radio show today. PayPal is sucking almost .45 on every dollar I bring in. YIKES!

 

Gbuy is expected to be free during the initial phase, but merchants may eventually be charged a 1.5 percent to 2 percent per-transaction fee, Jordan Rohan, an RBC Capital Markets analyst, said in his research note. A fee of that size would be slightly less than that charged by eBay's online payment system, PayPal.

Google was not immediately available to comment.

Now, where does google say those are the fees?
No where, see the lines above.
Pure speculation so far by anyone on the fees.

 

I'll take what I can get. Between, paypal, and my merchant account, and these bastards at AMEX, they are killing me FOR DOING NOTHING!!!!

 

We are sorry for the inconvience, now could you please pm me your login information to unblock your account? We also need some credit cards numbers to confirm you are who we think you are.

 

If GBuy will be available in all countries then everyone will forget Paypal.

 

Google is entering the next and important step apart from providing info and advertising only.
With this feature, Google is moving into "commerce-total", - being able to cover the globe with sending and receiving payment in unknown dimensions perhaps.

Paypal will lose dearly, but all the others will gain only.
I also believe that google is able to serve with higher security than any other company. No more phishing mails like I got for my Paypal account.

 

This is so true.

 

Care to bet on that? It's like everything, once things get popular, scammer will target it...

 

The advantage is when you use gmail that google can control and filter out the scammers. Not sure if you use others.
I had once an issue with escrow and before I found out, even it was from the original escrow, google sent an alert in red, talking about a possible scam.

I guess they are going to be better prepared than others.

And of course, scammers will have a try I guess, but also a long time in jail then.

 

I can't wait to try this out. How long until Google takes over the world?