Paypal vs Google Checkout online payment systems

Update: see my post Paypal vs Google Checkout online payment systems – Part II

As I mentioned on my About page, I’m in the process of starting a website(more on the nature of the website later). One of the things I need to do is to set up online payment for my customers. I considered handling credit card transactions myself but that simply has too many security implications. Instead, I’m looking into PayPal and Google Checkout. It’s best to leave online payment processing to the specialists.

One thing that would be really nice for my website to have is some kind of shopping cart/checkout feature which would allow me to streamline the payment process nicely. However, Google Checkout requires you to work with a 3rd party e-commerce partner to enable the checkout feature. The shopping cart is a nice-to-have feature but my website doesn’t really need that for now and so I’ve decided to simply use the “Buy now” feature offered by both companies. After opening a company bank account last Friday, I opened a merchant account at both PayPal and Google Checkout. A few things that Google Checkout requires that PayPal doesn’t are the EIN of my company, the Refund and Cancellation policy, and the Shipping policy. Other than the EIN, I didn’t have any of the other things available and so I had to write something up real quick. Other than that, the experience has been as smooth as silk and I’m just waiting for them to link up with my bank so I can start integrating the services with my website. My website won’t be operational until early next year and so I won’t be able to take advantage of the usage-fee waiver that is currently offered by Google for transactions made until the end of the year 🙂 However, it’s still nice to have someone else do the hard work of handling payments while I can focus on the core things that I want to offer through my website. Thank you PayPal and Google!

btw, YourMinis is simply awesome!


Digg!

Advertisements

5 responses to “Paypal vs Google Checkout online payment systems

  1. Pingback: Google Apps for your Domain has a slow UI « 81Electric

  2. Pingback: Paypal vs Google Checkout online payment systems - Part II « 81Electric

  3. I love your site!

    _____________________
    Experiencing a slow PC recently? Fix it now!

  4. I have used both PayPal and Google Checkout in the past and I have a preference to Google Checkout.

    -Mac

  5. hello there and thank you for your information – I’ve certainly
    picked up something new from right here. I did however expertise several technical points using
    this site, since I experienced to reload the site lots of times previous to
    I could get it to load correctly. I had been wondering if your
    hosting is OK? Not that I’m complaining, but sluggish loading
    instances times will sometimes affect your placement in google and could damage your high quality score if ads and marketing with
    Adwords. Well I’m adding this RSS to my email and can look out for a lot more of your respective exciting
    content. Ensure that you update this again soon.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s