Here comes Google Checkout !!

The long awaited online payment processing system from Google was unveiled today. Google Checkout (formerly called as GBuy is said to be “PayPal Killer”.  It will handle only payments of one cent or more–not micropayments for things costing a fraction of a cent. The service will initially be offered in the United States only, and, unlike most new Google products, it is not a beta test version.

Google Checkout will simplify most of the online transactions because can pay at multiple sites using a single Google ID. 

Google and Citibank togather will offer customers a co-branded Checkout option that will provide users $5 and 1,000 “thank-you” points for signing up

Take a Tour of Google Checkout

My Two Cents: I think Google Checkout will pose a potential threat to Amazon and PayPal. Will it be integrated into Adsense ?. Lets Just wait and see what happens

This post was published by on June 29, 2006

About the Author: Thilak Rao works as a Social Media Expert. He is one of the first professional bloggers from India, and he loves to write, travel and click photos. Follow him on Twitter @thilak

  • http://www.wisetome.com Vyoma

    I hope that this offer soon expands world wide, because I stay outside US and I would greatly appreciate a service offered from Google.

    Regards,
    Vyoma
    Splat! – My blog
    http://www.WiseTome.com – A newly launched article library.