Google Checkout Review

Google Checkout Review- One of the best free merchant accounts is the Google Checkout. In this Google Checkout Review, Best Internet Merchant Accounts is going to discuss all the features of the Google Checkout. Google Checkout review!

credit card processing and merchant accounts

Google Checkout is a popular payment service that allows merchants to accept cashless payment from customers, giving purchasers another payment option. This Google Checkout Review explains the basics so you can decide whether to consider this service.

What Is Google Checkout?

First launched in the United States in 2006 and the UK in 2007, Google Checkout began and ran as a free service for merchants until February of 2008. The one-level pricing structure introduced then lasted until May, 2009, when tiered pricing to match PayPal’s point for point was introduced. Google Checkout has been banned from eBay, owner of PayPal, since 2006, so customers who wish to use a service for all their online transactions can do so with PayPal, but not Google Checkout, if they use eBay.

The Google Checkout service allows customers to store their credit card data securely in one place and checkout by entering only a username and password. Initial use requires filling out only one page of data, and when Google Checkout is used consistently, all purchases can be tracked in one place.

Google Checkout Features

There are a number of special features that may make Google Checkout particularly attractive to merchants:

• Using Google Checkout enables you to adorn your AdWords ads with a Checkout badge, letting potential customers know that they will be able to shop with Google Checkout before they have even been to your site.

• A Google Checkout logo can also be placed on landing pages reached from clicking on your AdWords ads.

• Google provides an email template for announcing the use of Google Checkout on your site to your customers.

• Google provides a payment guarantee that covers an average of 98% of Google Checkout orders. This means that in the event of a chargeback, you still get paid.

• Free fraud protection comes with the service at no extra charge.

• A partnership with FedEx makes it possible to save up to 21% on shipping costs within the United States for 1–3-day shipments, up to 13% on international shipments; up to 12% on FedEx Ground, and up to 10% on Home Delivery.

• Google also partners with Shipwire for product fulfillment and Landmark Merchant Solutions for POS (Point of Sale) terminal transactions.

• Google Product Search and Google Analytics are further tools that can be used in conjunction with Google Checkout. In the case of Google Analytics, you are enabled to easily track conversions and pull revenue metrics for your transactions.

• Buy Now buttons allow customers to purchase a single item immediately without going to the trouble of loading it into a shopping cart.

• Google Checkout works with 53 different shopping carts.

• Free donation processing is offered to non-profits, along with free AdWords advertising, provided certain eligibility guidelines are met.

• If you use either Buy Now buttons or an integrated off-the-shelf shopping cart, and with the latter, if you’re only integrating your shopping cart, not your entire order management system, you do not need to have an SSL Certificate.

Google Checkout Costs

Fees for Google Checkout are identical to PayPal’s fees for the first three levels. Since PayPal will not reveal its fees for purchases of $100,000 and up, it is unclear whether these, too, are identical. On the other hand, PayPal clearly states that their fees for currency conversion and payments originating outside the United States, but Google does not mention currency conversion on either of two rates pages, and only mentions the 1% charge for payments originating outside the country in which your Google account is based on one of the rate pages. There are, however, no fees for setup, monthly use, or gateway use.

Monthly Sales

Per Transaction Fee

under $3,000

2.9% + $0.30

$3,000–$9,999.99

2.5% + $0.30

$10,000–$99,999.99

2.2% + $0.30

$100,000 and up

1.9% + $0.30

   

payment from outside your country

+1%

Payments for new Google Checkout account holders are not initiated until 10 business days after an order is charged. Sixty days after the account is set up, Google reviews the account to decide if the payment frequency should be changed. The decision is based an several factors which may include but are not limited to chargeback rate, credit reports for the business, and transaction behavior. For accounts in good standing, payouts are initiated within 2 business days after the order is charged. Some sellers may also have a payout limit that puts a restriction on the amount of earnings that may be received at any one time. Payout limits are imposed when credit verification has not been successful and can be addressed by providing the required credit verification information if you are eligible to have the limit removed. In neither case is it clear how the funds are held until they are turned over to the merchant, nor whether they are held in an institution that has FDIC (Federal Deposit Insurance Corporation) insurance.

Related Article: MerchantExpress Review >>

 

Best Merchant Accounts
Merchant W.H.
  • Lowest Internet Rates
  • Lowest Retail Rates!
  • NO SETUP FEE
  • NO ANNUAL FEE
  • Call 866-835-2675!
Charge.com
  • 1.79% Internet Rate
  • 1.26% Retail Rate
  • NO SETUP FEE
  • $0.15/Trans. Fee
  • Free Cart Software
  • Free Merchant Tools
  • $10 Statement Fee
MerchantExpress
  • 2.27% Internet Rate
  • 1.69% Retail Rate
  • NO SETUP FEE
  • NO ANNUAL FEE
  • Free AuthNet Setup