GBuy is now officially known as Google Checkout

Google finally launched their Payment Service. Many people speculated about the name and now we have an answer: Google Checkout.

Google Checkout helps you increase sales.
And process them for free when you advertise with Google.

That is the first thing you read when you visit the Google Checkout Website.

I wanted to use the new service for my Shopping Systems but one little input field stopped me: Country. For now they only accept Customers and Merchanents from the United States. Too bad. They are planning to expand their service to Europe but until now no date has been announced.

The system is tightly bound to AdWords and features little `Buy Now` Buttons when using AdWords as Merchanent. Here is an Overview:

  • Pay with a single Login (like PayPal)
  • Financing (like PayPal)
  • Costs: 2% of the Transaction + 20 US-Cent (almost like PayPal: 1,9% + 30 US-Cent)
  • Deductibles for acquisitions by using AdWords

Let’s see how this evolves..


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