Google Checkout was an online payment processing service provided by Google aimed at simplifying the process of paying for online purchases. Users would store their credit or debit card and shipping information in their Google Account, so that they could purchase at participating stores by clicking an on-screen button. Google Checkout provided fraud protection and a unified page for tracking purchases and their status. Google Checkout was discontinued on November 20, 2013.
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History
Google Checkout service became available in the United States on June 28, 2006, and in the UK on April 13, 2007. It was free for merchants until February 1, 2008. From then until May 5, 2009 Google charged US merchants 2.0% plus $0.20 per transaction, and UK merchants 1.4% + £0.20. Google subsequently moved to a tiered cost structure, identical to that of PayPal. From that date, Google also discontinued its offer whereby merchants who advertised with an AdWords account were not charged fees on monthly transactions totaling less than ten times their monthly AdWords expenditure.
Google Checkout used to have a program allowing US IRS Certified 501(c)3 Non-Profit organizations to collect donations online without being charged the standard fee (2.9% + $0.30 per transaction under $3,000 monthly income, with lower rates for larger volumes).
In 2006, eBay, which owned PayPal at the time, added Google Checkout to its banned payment methods list, forbidding the use of Google Checkout to pay for eBay transactions. As of June 2011, eBay forbids the use of any external checkout system to pay for eBay transactions.
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Support
Google Checkout supported customers through multiple channels such as a Help Center, Help Forums, and email support. Google Checkout Buyers could find help at Google Checkout Buyer Help Center and Merchants could find help at Google Checkout Merchant Help Center and Google Checkout Merchant forum. This was subsequently only available for Google Grants recipients, and only through March 31, 2012.
Discontinuation
Google Checkout was discontinued on November 20, 2013. The company offers a new solution for certain payments called Google Wallet.
Source of the article : Wikipedia
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