Digital Trends
CNET has reported that Amazon has launched its own online payment service, a direct competitor with Paypal (owned by eBay) and Google Checkout. Whether the system will catch on or not, however, is a different matter.
Amazon calls Checkout by Amazon a “complete checkout solution,” for e-business, with tools to handle sales tax, shipping and other items, with that Amazon “one-click” payment. That’s very similar to Google Checkout, which arrived two years ago, but has yet to make a great impact.
Online auction giant eBay announced yesterday via its policy pages (login required) that it is not planning to support Google Checkout, an online payment service rolled out by the Internet search giant late last month. According to eBay, Google Checkout isn’t being supported because it has no track record: in eBay parlance, it is protecting the security of its customers and transactions by enabling payments only through tested and trusted services. Google Checkout joins a large number of online payments systems which eBay doesn’t support, including Netpay, Nochex, BillPay, e-gold, FastCash.com, and many others.
After months of industry speculation, Google has finally taken the wraps off Google Checkout, a sort of online wallet which aims to make online shopping easier and more secure for both participating merchants and customers.
Like other online payment services, merchants first have to set themselves up with Google Checkout; once that’s done, shoppers can opt to pay for purchases using Google Checkout on a merchant’s site (Checkout-enabled merchants will also be flagged in Google’s ever-more-ubiquitous AdWords advertising system
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