PayPal vs Google Checkout?

Discussion in 'PayPal' started by Arclight, Mar 12, 2007.

  1. #1
    I've been using PayPal so far, fees and all, and recently signed up for a Google Checkout acct. Since I spend quite a bit on Adwords, all my transaction processing should be free...but I'm wondering how the service works compared to PayPal. Any pros/cons I should know about from people who've used both? I've looked for a comparable free processing option on PayPal but couldn't find one...too bad they're not owned by a search engine!
     
    Arclight, Mar 12, 2007 IP
  2. ReadyToGo

    ReadyToGo Peon

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    #2
    I suppose the con would be that it is not widely used yet.
     
    ReadyToGo, Mar 12, 2007 IP
  3. Bombaywala

    Bombaywala Peon

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    #3
    Con - Google Checkout sux. Google does not send out the email to the buyer immediately once the transaction is done leading the buyer to wonder what happened to the order. Google Checkout also does the same thing, does not let the seller know immediately. Why it does that - Google takes very long time to settle the transaction and their argument is that they are very cautious about fraud. You might be lured by free transactions but I would wait till they speed up their process.

    And only US buyers can use Checkout.

    Try this - http://www.google.com/search?source...:2006-14,GGGL:en&q=google+checkout+complaints
     
    Bombaywala, Mar 12, 2007 IP
  4. sam2698

    sam2698 Well-Known Member

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    #4
    Very true, it is not widely accepted as Google Checkout is, we just gotta wait till it catches on :D .
     
    sam2698, Mar 12, 2007 IP
  5. Arclight

    Arclight Peon

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    #5
    Only US buyers? That's annoying. I'm sure they're also earning some nice interest while settling transactions. I think I'll offer it as an option alongside PayPal, definitely won't be using it exclusively yet.
     
    Arclight, Mar 12, 2007 IP
  6. Bombaywala

    Bombaywala Peon

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    #6
    That is good option but just the fact that Google does not send email to buyer immediately is totally ridiculous. Buyer is left clueless as to what happened to the transaction.
     
    Bombaywala, Mar 12, 2007 IP
  7. eddy2099

    eddy2099 Peon

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    #7
    Paypal and Google Checkout are two different beast altogether. Comparing them is like comparing apples and oranges.

    Although both supports receiving payments via credit cards, that is as far as their similiarities goes.

    Google Checkout only allows you to receive credit card payments. You cannot use the funds earn to pay other Google Checkout members, you can only withdraw their funds. They are basically more similiar to 2checkout than to Paypal.

    Paypal on the other hand is an alternative e-fund system. Complete in all its rights. It allows you to not only receive funds via credit cards and existing paypal funds from members, it also allows you to spend the funds without to having to withdraw to your bank account then spend it via a credit card like in Google 2Checkout.
     
    eddy2099, Mar 12, 2007 IP
  8. Mesoc

    Mesoc Active Member

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    #8
    I've never heard of google checkout until this post, its definately not widely used as paypal.
     
    Mesoc, Mar 12, 2007 IP
  9. codeassist

    codeassist Peon

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    #9
    Yeah the user who made the comment above that the differences between both processors is a bit far-fetched. I agree with those points, would be better to relatively compare GoogleCO and 2CO.
     
    codeassist, Mar 12, 2007 IP
  10. swapnil90

    swapnil90 Well-Known Member

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    #10
    I havent really used google checkout yet..

    But paypal is good enough..did not have any problem as of yet
     
    swapnil90, Mar 12, 2007 IP
  11. niceboy

    niceboy Well-Known Member

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    #11
    i think paypal is good for small transactions. it seems as we deal with larger amounts, paypal starts creating larger problems. i have seen many dp members complain regarding paypal service.
     
    niceboy, Mar 12, 2007 IP
  12. codeassist

    codeassist Peon

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    #12
    Yes that is another good point. For small transactions PP ideal but as it gets bigger MoneyBookers is the right way to go.
     
    codeassist, Mar 12, 2007 IP
  13. ilxeon

    ilxeon Peon

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    #13
    Google Checkout is not widely used and restricted to US which is not good at all :)
     
    ilxeon, Mar 12, 2007 IP
  14. askastro

    askastro Peon

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    #14
    Google only loves money.

    It will work in US or may go to moon.

    It wont work for helping anyone.

    Askastro
     
    askastro, Mar 12, 2007 IP
  15. Arclight

    Arclight Peon

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    #15
    Thanks for all the helpful responses - it's clear Google Checkout has a way more limited set of functions than PayPal, and frankly the only reason I was considering it seriously is no transaction fees. But since I'm looking for alternatives to Google in every other part of my business I should probably do the same here as well. If only there were a service with all the key features of Paypal but lower fees...
     
    Arclight, Mar 13, 2007 IP
  16. Bombaywala

    Bombaywala Peon

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    #16
    If you have high transaction site meaning over 100 transactions a month with over $1000 I would suggest to get a merchant account. If you have high $ transactions and high volume you can definitely get cheap rate merchant account.
     
    Bombaywala, Mar 13, 2007 IP
  17. nongkhai_tong

    nongkhai_tong Peon

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    #17

    Paypal was started the same isn't it and today paypal is widely use many countries around the world. I hope Google will do that too.
     
    nongkhai_tong, Mar 13, 2007 IP
  18. advoor

    advoor Peon

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    #18
    Maybe not at this time, but in about 1 - 2 years, I think Google Checkout could be a real big player on the market, and could (if not beat Paypal) at least take up some of their markket share. For now, guess many will have to stick with Paypal.
     
    advoor, Mar 13, 2007 IP
  19. jessyrt99

    jessyrt99 Guest

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    #19
    I think both stink regarding international sales. I use swreg.org for my site. It offers more customization for the same price.
     
    jessyrt99, Mar 13, 2007 IP
  20. SixSigma

    SixSigma Peon

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    #20
    I have both.

    A week ago I implement e-junkie's Fat Free Cart (http://www.e-junkie.com - no affiliation, BTW) which lets you integrate PayPal, Google Checkout, 2Checkout, and Clickbank into one light-weight AJAX shopping cart. I use just PayPal and Google Checkout, not the other two. I also offer payments through Plimus, which has a more traditional corporate appeal.

    In the week since, my order processing breakdown has been as follows:
    - PayPal: 42%
    - Plimus: 37%
    - Google: 16%

    So the bottom line is that if you offer your customers more choices, the higher the likelihood that you'll have a payment option that appeals to them.
     
    SixSigma, Mar 20, 2007 IP