Google Checkout Goes Fee-less in 2007

jmke · 8th December 2006, 11:10

According to reports, Google will be eliminating fees from its online payment, Checkout. To compete better with PayPal, Google is letting merchants use its Checkout system to process payments without taking a hit on transactions. Traditionally, merchants who use PayPal take a 2.9-percent hit on the total value of a transaction plus another 30-cents for actually processing a transaction. Over the years, many PayPal users have scoffed at the high fees that PayPal enforces on its customers. Despite this however, PayPal remained a growing and popular online payment service for users worldwide.
http://www.dailytech.com/article.aspx?newsid=5268

8th December 2006, 17:21

good, because PayPal sucks. be careful whenever you use it, they can pull your account and freeze it for an eternity (even for no reason at all).

8th December 2006, 11:10	#1
jmke Madshrimp Join Date: May 2002 Location: 7090/Belgium Posts: 79,021	Google Checkout Goes Fee-less in 2007 According to reports, Google will be eliminating fees from its online payment, Checkout. To compete better with PayPal, Google is letting merchants use its Checkout system to process payments without taking a hit on transactions. Traditionally, merchants who use PayPal take a 2.9-percent hit on the total value of a transaction plus another 30-cents for actually processing a transaction. Over the years, many PayPal users have scoffed at the high fees that PayPal enforces on its customers. Despite this however, PayPal remained a growing and popular online payment service for users worldwide. http://www.dailytech.com/article.aspx?newsid=5268 __________________

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8th December 2006, 17:21	#2
SuAside Posts: n/a	good, because PayPal sucks. be careful whenever you use it, they can pull your account and freeze it for an eternity (even for no reason at all).