Posted March 15, 2006 10:17 am by with 0 comments

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Emails are going out to a number of people informing them that Google is now allowing the sale of items using Google Payments.

Barry Schwartz has a step-by-step overview of how to use Google Payments.

It seems like a nice little income stream for Google…

Google Base sellers who accept payments through Google will be charged 2.5% plus $.25 per transaction. If you incur a chargeback, you’ll be charged $10.

Fees will be deducted from your account when you charge your order. If you refund an order, Google will return the variable portion of the transaction fee (2.5%) to you, but will keep the flat portion of the fee ($.25).

More details on accepting payments.