Google payment (Gbuy) Starts This Month

Still nothing? It better be released today.

 

They modified the interface in the google accounts ? Or it's just me.. ?

 

Google Aims to Speed the Online Checkout Line

http://www.nytimes.com/2006/06/29/technology/29google.html?_r=1&oref=slogin

 

Google Launches Checkout, not the Rumored GBuy

http://searchenginewatch.com/searchday/article.php/3617061

 

is there any link how to join ????

 

But where is it no link given in the article....

 

yeah that is the problem I am trying to find it

 

Ok the new URL will be http://checkout.google.com

 

How about this - https://checkout.google.com/sell?promo=sbhp

and this - https://checkout.google.com/buyer/tour.html

They're nearly there!!

 

Pretty cool- thanks
I just watched the intro video at checkout.google.com but still have to look into it a bit closer alltogether

 

For USA only. Just tried to register

 

Just USA! Forget it!

 

I'm in. Yay!

 

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 .

 

Guess, we'll see many long faces too

 

it looks great.

 

I've sent an email to my Adwords Acc Manager to see when they'll support Australia.

 

it's working
but only in US

http://checkout.google.com

 

well they dont have reoccuring transaction support

 

too bad only us :-(
google will loose the war over paypal if the new service will be dedicated for usa only