Google Checkout will be free until the end of 2007.
The Google Checkout payment system, which far from everyone believed in a bright future, began a new phase of its aggressive expansion.
The company announced that until the end of 2007, sellers who have an account on the service will not be able to pay for making payments. Previously, each transaction cost the account holder $ 0.2 plus 2% of the purchase price.
It turns out that Google agrees to suffer losses during the year in order to attract new customers, reports the New York Times . Currently, Checkout users receive a $ 10 discount from Google for purchases that cost more than $ 30, and if the amount exceeds $ 50, the discount increases to $ 20.
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Google goes to such expenses, because the stakes in this game are very high. Thus, the competing PayPal system for the last quarter processed payments of $ 9.1 billion (+ 37% compared to last year), and the turnover outside the eBay site rose to $ 3.3 billion.
The company announced that until the end of 2007, sellers who have an account on the service will not be able to pay for making payments. Previously, each transaction cost the account holder $ 0.2 plus 2% of the purchase price.
It turns out that Google agrees to suffer losses during the year in order to attract new customers, reports the New York Times . Currently, Checkout users receive a $ 10 discount from Google for purchases that cost more than $ 30, and if the amount exceeds $ 50, the discount increases to $ 20.
')
Google goes to such expenses, because the stakes in this game are very high. Thus, the competing PayPal system for the last quarter processed payments of $ 9.1 billion (+ 37% compared to last year), and the turnover outside the eBay site rose to $ 3.3 billion.
Source: https://habr.com/ru/post/2423/
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