Google Checkout
Paul on July 18th, 2008
This article about google checkout may help readers to get a good picture about Google Checkout payment processing system especially those who are looking to use an alternative merchant processing for their online shops.
Google checkout is basically a 3rd party merchant account provider like others payment processor such as paypal, 2checkout and other online payment processing service, however it is not a payment gateways or MSP. To get Google checkout merchant account you should check whether it support your location or not, for any US clients you must have a US address with a US Bank account in addition to a social security number and a Credit card or Federal Tax ID/ EIN, Google checkuout has no monthly setup or gateway fees. Google charge with a standard charge of 2.0% of the sales amount plus $ 0.20 per transaction. Google Checkout merchants can sell only tangible goods and not any intangible products/services unless they’re certified as a 501c3 tax-exempt organization.
If you’re adword advertiser you get benifit by using Google checkout like for every $1 spent on Adword each month you can be able to process $10 in sales the subsequent month for free. Google checkout has proprietary built robust Fraud Screening system which protect the merchants from chargebacks. In case if a chargeback is reasonable the merchant has to refund full amount with $10. Google Checkout tracks also user’s purchase history by which Account holders can view their purchases and shipping information. Google Checkout can be integrated easily into many popular shopping cart systems like OsCommerce, zencart or CubeCart.
Also integration part is very easy, you can easily integrate Google checkout through Buy Now buttons, Off-the-shelf shopping cart or through their Custom-built shopping cart, all these integration need few technical knowledge.
