Google Checkout payment system goes live

by admin June 29, 2006 at 9:14 am

Google has launched its online Google Checkout payment system, which was developed under the codename Gbuy.

The Google Checkout service allows consumers to buy products online without having to reveal their credit card details or even their email address to the seller. The service will be integrated with existing Gmail or Google Accounts.

Sellers who sign up to the programme will get a discount on transaction fees for any money they spend on Google Adwords.

For every $1 spent on Adwords, sellers can process $10 in sales free from transaction charges.

In addition, any ads they place will be accompanied by a logo identifying them as a member of the Google Checkout scheme.

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