Google Checkout
Web sites and merchants can integrate Google Checkout into their sites as an alternative payment processing method to existing checkout and credit card processing systems, DMXzone is currently evaluating this option.
Consumers with a Google account can type their credit card and billing information into Google Checkout once and then pay for purchases thereafter with practically one click on any Web site that features the system.
Once they've purchased something through Google Checkout, consumers can track their orders through the system at Checkout.google.com.
Merchants using the system will be charged a processing fee of 20 cents per transaction, plus 2 percent of the relevant purchase price. Customers who pay for search-related keyword ads through Google AdWords will be able to process, free of charge, transactions that add up to 10 times the dollar amount of their AdWords spending, Kamangar said. Beyond that, they pay the 20 cents plus 2 percent. Kamangar said the regular transaction fees are less than those charged by credit card companies, which can be about 1 percent higher.
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