BetaONE will rise again!


Reply
  #1  
Old 29th Jun 06, 04:00 PM
NewsBot's Avatar
NewsBot NewsBot is offline
Senior Member
 
Join Date: Oct 2004
Posts: 30,940
NewsBot will become famous soon enough
Google to Unveil Online Payment Service
Later on today, Google will be unveiling it's own service to allow online payments on sites around the web. Although Google doesn't view the service as a direct competitor with PayPal, internet market analyst Greg Sterling believes there is no question that it poses a long term threat to eBay.The payment service, known as "Checkout" has been in testing for around a year, and companies such as Starbucks Corp and Buy.com have already signed up to be amongst the first users of the service when it is released.Merchants using the "Checkout" product, along with advertising from the search giant, will receive discount on processing fees based on the amount spent on advertising through the company. Merchants won't have to pay processing fees on purchases totaling 10 times their advertising volume with Google. That means an advertiser spending $20,000 per month at Google wouldn't pay any processing fees on purchases totaling $200,000. After the spending threshold is exceeded, Google will charge merchants a fee equal to 2 percent of the purchase amount, plus 20 cents per transaction."We think Google Checkout will complete the process so people can search, find and buy things quickly," said Salar Kamangar, vice president of product management for the company. News source: Times News Read full story...



News source: Full Story
Reply With Quote
Reply


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is On
Forum Jump

Similar Threads
Thread Thread Starter Forum Replies Last Post
Google Launches Major Video Service NewsBot NeoWin News 0 7th Jan 06 02:30 AM
Google Pauses Online Books Plan NewsBot NeoWin News 0 12th Aug 05 08:00 PM
Microsoft Releases Windows Server 2003 Service Pack 1 NewsBot NeoWin News 0 31st Mar 05 11:00 AM
Google Launches Print Service NewsBot NeoWin News 0 20th Dec 04 03:30 AM
Speed up system. greasemonkey Hardware Support 6 6th Nov 01 08:32 PM


All times are GMT +1. The time now is 07:28 AM.


Design by Vjacheslav Trushkin for phpBBStyles.com.
Powered by vBulletin® Version 3.6.5
Copyright ©2000 - 2024, Jelsoft Enterprises Ltd.