Google Checkout Increases Fees | Ramblings of an e-trader

Friday, 13 March 2009

Google Checkout Increases Fees

While at first many of us who run ecommerce sites thought that Google Checkout would be the one to give PayPal a run for its money, it looks like this is not to be. Google Checkout announced the new fee structure a couple of days ago.

Guess what? It's now comparable to what PayPal is charging and in some cases, even more costly to use Google Checkout than PayPal. On top of that, PayPal offers many extra benefits and is an established brand name, more recognized worldwide; making it more viable to stick to PayPal now than ever.

Online traders like me certainly would like to offer payment options for our customers but at the same time, we are looking for a gateway that is inexpensive so that we could offer our wares at more competitive prices. This will make it more attractive to shop with us, no?

Many of my friends are already saying that they will use PayPal exclusively once the new Google Checkout fee structure is in place. As for me, I will be doing the same.

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