Comments on: PayPal Has No Answer to Google Checkout

By: William

William — Mon, 01 Oct 2007 12:16:36 +0000

Still everyone uses Paypal.

By: Andy Beal

Andy Beal — Thu, 21 Dec 2006 03:18:31 +0000

Good point Andrew. I’m sure Google is fine tuning the service with US vendors, before opening it up to the rest of the world.

By: Andrew

Andrew — Thu, 21 Dec 2006 02:52:19 +0000

Google checkout currently only operates for US vendors. Paypal is global. That’s the difference.

Andrew

By: Andy Beal

Andy Beal — Wed, 20 Dec 2006 17:58:15 +0000

LMAO!

By: graywolf

graywolf — Wed, 20 Dec 2006 17:40:05 +0000

The tipping point for google checkout becoming a success is when I star getting phishing emails anywhere near the level I get for paypal

By: Andy Beal

Andy Beal — Wed, 20 Dec 2006 17:16:02 +0000

I agree Andrey. I think 2007 is going to be a big year for Checkout and PayPal needs to come up with something quick.

By: Andrey Milyan

Andrey Milyan — Wed, 20 Dec 2006 17:00:05 +0000

Hi Andy,

I don’t think I agree that PayPal is not threatened by Google Checkout. If you recall, back in July eBay had banned its customers from using Google Checkout.

Right now, a lot of merchants are still hesitant in using Google Checkout because of its “liberal” chargeback policies and the fact that it conceals too much customer information. However, Google is gaining ground with consumers by offering discounts on anything they buy. Soon consumers will expect merchants to have Google Checkout as one of their options because of the value it provides.

If you add on top of that the whole thing with the shopping cart icons in the sponsor listings and free credit card processing, merchants are running out of good reasons not to use Google Checkout.

Whatever Google’s plans are for the moment, I think Google is flexible enough to take advantage of the new direction in which this service might be going. With that being said, PayPal has to think fast or lose their hold on the market.

Andrey