About Google Checkout

Google Checkout (the rumored gbuy) will be officially launched on Thursday (U.S. time). It was estimated that it would be one day late on the 28th. According to the information obtained, the official name of gbuy may be Google Checkout. Google Checkout is Google's online payment processing system. Although Google has repeatedly denied that it will not compete directly with PayPal, it has long been recognized by the industry as Amazon's biggest Nemesis.

The following are reliable information about Google Checkout:

1. Google Checkout address will be a http://checkout.google.com, if you are free, you can try to refresh in the next few hours. The current address is automatically directed to Google accounts. Once launched, it will be directed to the official Google Checkout webpage.

2. websites or traders can integrate Google Checkout into webpages.

3. The consumer only needs to input his/her credit card and related payment materials into the Google Checkout account, that is, he/she can make a purchase on the website that supports Google Checkout and then make a payment.

4. After the purchase, the consumer can use Google Checkout to track their orders.

5. When traders use Google Checkout, they have to pay 20 cents each time. In addition, they have to pay 2.2% of the price of the sold goods, which is higher than previously predicted.

6. at the same time, traders who use Google Checkout and Google adwords (advertising for search results) are free of service fees. The upper limit is less than 10 times the advertising fee they spend in adwords; if this amount is exceeded, you must pay according to the normal provisions.

7. If adwords users also use Google Checkout as the payment system, a Google Checkout shopping cart icon will be displayed on the ads to facilitate user confirmation.

8. google Checkout's back-end system was launched with Google a year ago in Google Earth (buy paid version pro, plus), Google Video (purchase paid video) the same as Picasa Web Albums (purchase additional capacity.

9. despite the combination of Google Checkout and adwords, Google says it will not adjust the price of adwords ads based on the transaction data on Google Checkout (such as the transaction keyword) for the moment, this data will not be combined into Google's CPA advertisement. This is different from the previous predictions. At least Google was planning to do this at the beginning.

10. it is very easy to add Google Checkout to a website. You only need to insert HTML code directly into the webpage, the website that already has its own shopping system can also insert Google Checkout as an option into the original system.

11. Google will work with some large customers, such as Citibank, to provide a Google Checkout option and return some discounts to users.

12.Google Checkout will only be available to users in the United States when it was launched, and it is different from most Google products. It is not a beta version but a formal version when launched..