Google Checkout

Google Checkout is an online payment processing service provided by Google aimed at simplifying the process of paying for online purchases.

For buyers, Google Checkout is a fast, secure, and convenient way to shop online. Google Checkout claims to make online shopping easy by providing a single login for purchases across the web.

For merchants, Google Checkout is a new way to process sales. It works with Google AdWords to make it easy for shoppers to find you and buy from you.

Tackling fraud
Google Checkout fraud prevention tools help stop invalid orders from reaching you. You’ll also enjoy the benefit of:

Chargeback Protection
As part of Google’s Chargeback Resolution Policy, Google will evaluate all chargebacks you receive and, whenever possible, fight them on your behalf. If the chargeback is successfully disputed, Google will reimburse you.

In addition to their Chargeback Resolution Policy, Google also offers the Payment Guarantee Policy, which extends even more chargeback protection to you for transactions.

Google Checkout is free for merchants until December 31, 2007. After that date Google charges merchants 2.0% plus $0.20 per transaction (1.5% + £0.15 for UK merchants). Also after this date, merchants who have an AdWords account will not be charged fees on monthly transactions totaling less than ten times their monthly AdWords expenditure.