Monday, July 03, 2006

The Google Scoop

Google Checkout: Pros And Cons

Steve Bryant posts on his eWeek Google Watch blog about the pros and cons of Google Checkout in "Five Reasons Why You Won't Use Google Checkout (and 5 Reasons You Will)".

Google Checkout: Amazon's Worst Nightmare

Rafe Needleman posts on his CNET Web 2.0 blog that he believes Google Checkout is a serious threat to - because it makes checkout at non-Amazon merchant locations just about as convenient as buying via 1-Click on itself. He also points out that as a result of Google Checkout "no other online company will end up knowing as much about the spending behaviors of online consumers as Google."

Google Checkout: Who's On First?

A friend writes: "If I understand the Google Checkout service correctly, the point that all these analysts missed is that Google Checkout is a one-card wallet. Seems that point wasn't lost on Citi. In a one-card wallet, being first in the wallet, means you are top of wallet, so being first to market is a big deal. I suspect Google opted for a one-card wallet in order to create a very smooth customer checkout experience."

ZDNet: Google now baby-steps away from eBay-like auction service

Slashdot: Google Launches PayPal Rival

AuctionBytes: eBay's Fears Confirmed: Google Launches Checkout Service

Hands On: Google's New Checkout Service

Dennis O'Reilly of PC World writes about his first hand experiences with Google Checkout today. He says "I suspect the little green Google Checkout cart will soon be all over the Web."

PayPal vs. "GBuy"

Bruce Cundiff of Javelin Strategy and Research writes on his blog about PayPal vs. Google, thinking in terms of on eBay (where issues have been raised as to whether eBay would allow its merchants to accept a Google-provided payment service) vs. the off-eBay merchant opportunity (which is where he thinks the real battleground will be).

Move Over PayPal, Here Comes Google Checkout

Google this morning launched the long rumored (and often called GBuy) Google Checkout, a new online payment option for ecommerce merchants and online shoppers that plays on many of the same consumer themes of safety and convenience that have been key to PayPal's success. Google Checkout allows consumers to store - in a new version of an online wallet - their payment and shipping address information with Google. (According to Laura Petrecca writing for USA Today, "Google says it also is in talks with online payment service PayPal to let Checkout handle payments by holders of PayPal accounts, which connect with its users' credit cards and banks.") Assuming merchant acceptance of Google Checkout ramps up, the new service appears to position Google as a major hub for ecommerce transactions on the web.

PayPal's Virtual Debit Card

Yeah, I know, it's PayPal - but it's still relevant...

In an article mostly about Google's rumored launch of a payment service, Business Week's Robert Hof also mentions that next month PayPal will begin testing a "virtual debit card" for use on web sites that don't accept PayPal directly. According to Hof, using a small toolbar downloaded to their browser, PayPal users will be able to get a one time-use MasterCard card number linked to their PayPal account.

eBay Could Ban Google's GBuy As Payment Method

Ina Steiner reports for on eBay's Safe Payments Policy introduced last October and speculates that it seems unlikely that eBay would allow its sellers to advertise any new Google payment service in their eBay listings - at least initially.

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