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Google payment (Gbuy) Starts This Month

Discussion in 'Google' started by Arnie, Jun 10, 2006.

  1. Twan

    Twan Well-Known Member

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    #161
    Still nothing? It better be released today.
    SEMrush
     
    Twan, Jun 28, 2006 IP
    SEMrush
  2. Necropsique

    Necropsique Peon

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    #162
    They modified the interface in the google accounts ? Or it's just me.. ?
     
    Necropsique, Jun 28, 2006 IP
  3. john_robot

    john_robot Peon

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    #163
    john_robot, Jun 28, 2006 IP
  4. john_robot

    john_robot Peon

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    #164
    john_robot, Jun 28, 2006 IP
  5. makaka

    makaka Peon

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    #165
    is there any link how to join ????
     
    makaka, Jun 28, 2006 IP
  6. seoindia

    seoindia Notable Member

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    #166
    seoindia, Jun 28, 2006 IP
  7. john_robot

    john_robot Peon

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    #167
    yeah that is the problem I am trying to find it
     
    john_robot, Jun 29, 2006 IP
  8. john_robot

    john_robot Peon

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    #168
    john_robot, Jun 29, 2006 IP
  9. easyresume

    easyresume Peon

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    #169
    easyresume, Jun 29, 2006 IP
  10. Arnie

    Arnie Well-Known Member

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    #170
    Pretty cool- thanks
    I just watched the intro video at checkout.google.com but still have to look into it a bit closer alltogether
     
    Arnie, Jun 29, 2006 IP
  11. Arnie

    Arnie Well-Known Member

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    #171
    For USA only. Just tried to register
     
    Arnie, Jun 29, 2006 IP
  12. [ DigitaL ]

    [ DigitaL ] Member

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    #172
    Just USA! Forget it!
     
    [ DigitaL ], Jun 29, 2006 IP
  13. Twan

    Twan Well-Known Member

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    #173
    I'm in. Yay!
     
    Twan, Jun 29, 2006 IP
  14. Arnie

    Arnie Well-Known Member

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    #174
    A quick overview from bloomberg

    GOOG:US
    Google Inc
    Google to Release Payments Software to Speed Online Purchases
    June 29 (Bloomberg) -- Google Inc., the most-used Internet search engine, is releasing an online payments system today that will let consumers store credit-card information and use their Google account to purchase products on the Web.

    Google Checkout will be offered on the Web sites of companies including Buy.com Inc., Starbucks Corp. and Levi Strauss & Co., Google vice president Salar Kamangar said yesterday in an interview. Google ads bought by companies supporting the software will include a small cart icon.

    The software, available today to all online merchants in the U.S., presents a new source of revenue for Mountain View, California-based Google and may help it hold on to advertisers, Gartner Inc. analyst Allen Weiner said. Google Checkout sparks new competition for EBay Inc.'s PayPal, which also offers payment processing for online shopping sites, he said.

    ``The company needs to drive revenue from sources other than advertising,'' Weiner, an analyst at Stamford, Connecticut- based Gartner, said yesterday in an interview. ``It's a huge risk reward situation.''

    Google is making payments processing free to companies that spend enough on its AdWords advertising. For every $1 merchants spend on ads, they'll be able to process $10 of sales through Google Checkout for free, Kamangar said.

    Otherwise, Google will charge a 2 percent commission and a 20 cent fee per purchase. PayPal, a unit of San Jose, California-based EBay, charges a 30 cent flat rate, plus transaction fees ranging from 1.9 percent to 2.9 percent, depending on the total volume of payments processed per month.

    PayPal spokeswoman Amanda Pires declined to comment on other companies. She said PayPal has 105 million account holders and processed 10 percent of e-commerce transactions in 2005.

    Payment Options

    Consumers visiting a Web site that uses Google Checkout will have the option of paying for products using the software or using the site's own payment system. If consumers don't have a Google account, the site will prompt them to enter their credit-card and address information. Once entered, customers won't have to re-enter it at other sites.

    Consumers will also be able to see a list of all their purchases through Google and check on delivery information.

    The software will accept credit cards from Visa International Inc., Mastercard Inc., American Express Co. and Morgan Stanley's Discover.

    Holders of credit cards from Citigroup Inc. will get a $5 credit or 1,000 ``Thank You'' points in the company's rewards program when they sign up with Google Payments and make a purchase before Sept. 15.

    One challenge Google faces is getting consumers comfortable with handing over their personal information such as credit card numbers, Weiner said.

    ``Google is asking people to trust them in an entirely new way,'' Weiner said. ``There will be a significant number of people who trust in Google's brand. There will be those who will wait and see.''



    To contact the reporter on this story:
    Jonathan Thaw in San Francisco at .
     
    Arnie, Jun 29, 2006 IP
  15. Arnie

    Arnie Well-Known Member

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    #175
    Guess, we'll see many long faces too:(
     
    Arnie, Jun 29, 2006 IP
  16. john_robot

    john_robot Peon

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    #176
    it looks great.
     
    john_robot, Jun 29, 2006 IP
  17. easyresume

    easyresume Peon

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    #177
    I've sent an email to my Adwords Acc Manager to see when they'll support Australia.
     
    easyresume, Jun 29, 2006 IP
  18. FireEyes

    FireEyes Peon

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    #178
    FireEyes, Jun 29, 2006 IP
  19. john_robot

    john_robot Peon

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    #179
    well they dont have reoccuring transaction support :(
     
    john_robot, Jun 29, 2006 IP
  20. makaka

    makaka Peon

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    #180
    too bad only us :-(
    google will loose the war over paypal if the new service will be dedicated for usa only
     
    makaka, Jun 29, 2006 IP