Power Sellers Unite

dticorp · Joined: 19 Aug 2006 Posts: 1755

PayPal Versus Google Checkout

http://www.associatedcontent.com/article/239606/paypal_versus_google_checkout.html

Both PayPal and Google Checkout offer buyers and sellers the opportunity to conduct business without the exchange of personal or financial information and while these are both excellent platforms for exchanging goods and services online, it seems that PayPal has the upper hand. However, with this said, there is no doubt that the almighty Google will eventually work out the kinks and emerge as the leader, especially in terms of its protection against fraud. For now, it is safe to say that in a contest, PayPal is still better than Google Checkout for a few important reasons.

The most important reason why PayPal is better than Google Checkout is simply because PayPal is recognized as a trusted form of online payments because it's been around for so many years. Although people, for the most part, are likely to trust the Google name, it's still hard to make the switch for many folks, simply because they've finally got a grasp on how the PayPal system works and like to stick with it-especially if they haven't had trouble in the past. Many people already have an existing PayPal account, particularly if they ever used eBay and more importantly, Google Checkout doesn't have the kind of platform PayPal did when eBay was launched and might suffer a slow start. This is a problem for sellers online because they now have to deal with two accounts instead one (just PayPal) because offering Google Checkout as the only option would discourage sales since people don't want to take the time to set one up, especially if something is an impulse buy. In short, although it stinks for Google Checkout, the transition (or integration) of Google's payment program will take some time.

Along with the above reason, it is also important to mention that Google Checkout, although they claim a higher level of protection against fraud, doesn't have the track record to prove this yet. While there is no doubt they have some amazing mind-boggling detection system in place (just look at their AdSense program's ability to find fraudsters!) there is no news on how it's better-only that it is. In other words, aside from this aspect, Google Checkout isn't offering anything different or better than PayPal, they're just offering another alternative. If they wanted this to explode, they should have found some one-of-a-kind feature that PayPal has never dreamed of. As it stands, it seems like Google Checkout is happy to blend in and sit behind PayPal rather than try to get a leg up on the vast market.

Rest of the article here:
http://www.associatedcontent.com/article/239606/paypal_versus_google_checkout.html

http://www.DtiCorp.com

HONEYWELL Thermostats and HVAC Controls

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nopaypal · Joined: 23 Feb 2006 Posts: 2008

who wrote this article, the CEO of paypal?
:evil:

knappschiles · Joined: 25 May 2005 Posts: 4035 Location: Wi

NPP,

Sure seems that way. In fact a lot of these so called 'expert articles' we've seen a lot of lately seem very biased toward eBay/PP and ignore the obvious problems those 2 are having.

As usual, we are left to see who has a 'dog in the fight' and which dog is theirs.

Carol

skillet · Joined: 02 May 2007 Posts: 83

Google seems to be using favorite techniques to help push their google checkout and their shopping ...BUT.. what if yahoo buys paypal and they then retaliate and BANS paypal to be used on any google shopping or sites that use google checkout at all....??? what would happen ?? I think google shopping and google checkout would be dead in their tracks.

IF yahoo and paypal thinks that google shopping and google checkout would become a threat they may just do that.

google in their shopping SHOWS specifically sites that take THEIR checkout....THIS is allowing google checkout to GROW on the back of paypal.... ITS BEST for the growth of google checkout for sites to use BOTH paypal and checkout.... IF their sites have JUST google checkout then the sites themselves as well as google checkout will not grow fast..

since gmail is used by 13 times less users than yahoo's mail..... would sellers want to lose money for 20 yrs or so until google checkout grows enough to make MORE money for sellers than paypal?

yahoo and paypal may SOON set it up where sellers will lose money for 20 yrs if the sellers take google checkout.

knappschiles · Joined: 25 May 2005 Posts: 4035 Location: Wi

Skillet,

You have been very negitive against Google in a lot of your posts. I guess that's OK, as everyone has their own opinion. I'm just not so sure about a lot of what you post as you seem to be.

Another thing -- there is no way Yahoo is going to even get the chance to buy PayPal unless eBay is totally 'brain-dead', as PayPal is eBay's bread and butter right now.

Instead of all this negativity, why not come up with ideas we can use to make Google work for us. Maybe post any good suggestions on the GC board too. They really do seem to be listening to us over there, tho somewhat slowly.

Your suggestion about using both GC and PP is correct, as I found out this Feb/March when I only had GC on my web site and sales slumped compared to last year. But I think there were other things involved in the sales slump than just GC vs PP.

Carol

nopaypal · Joined: 23 Feb 2006 Posts: 2008

yahoo buys paypal??
:lol: :lol: :lol: :lol:

skillet · Joined: 02 May 2007 Posts: 83

One of the biggest reasons why yahoo may buy ebay is to get paypal.

I'm down on googles slowness and mistakes... they have a chance to compete if and only if they MOVE FAST and wisely. WHILE paypal ebay and yahoo are NOT retaliating .. THIS is the ONLY time for them to be able to get enough users to compete later..

yahoo and ebay and paypal may soon set up an in house payment and shopping system where the selling sites can only use their checkout system.. iF google checkout hasn't got enough users YET by this time.. THEY will DIE. Because sellers will choose the one that gives them the most buyers knowing it would be over 20 yrs of losing money to use google checkout over paypal... they just won't do that!!

scream at google to go much faster... scream at them to name their google products.... google shopping....

right now if sellers has both paypal and google payment options on their site... it will seem to the buyers that google is equal and also will get buyers to see the google checkout and then TRY IT... this is paypal HELPING google checkout to expland.... paypal may now be in the works of stopping this dead in its tracks.... that is why google MUST move FASTER!!

nopaypal · Joined: 23 Feb 2006 Posts: 2008

yahoo buys ebay???

angelsolutions · Posted: Tue May 15, 2007 4:45 pm Post subject: Re: PayPal Versus Google Checkout

:shock: :lol: ok, yahoo buying ebay isn't going to happen, although I bet eBay dreams of buying yahoo (in it's DREAMS).

Quote: › docWrite("quote")yahoo and ebay and paypal may soon set up an in house payment and shopping system where the selling sites can only use their checkout system..

this would only spell the further move away from ebay and its products. Yahoo closing its auctions leaves only Yahoo Shopping. Tell those sellers they can only use ONE payment method and see what happens....

sylvia

knappschiles · Joined: 25 May 2005 Posts: 4035 Location: Wi

Exactly !!!

That's the exact thing that has made so many eBay sellers PO'd already -- being told how to do every little aspect of their own business. If I want to take e-Gold (or any of the other methods eBay deems 'unsafe'), that should be MY business and MY decision.

As far as all the crud about seeing the Yahoo ads on all the email, that's another thing I DON'T like about Yahoo mail -- all the ads. Gmail has ads too but they aren't so 'in your face'.

Besides, when was the last time you clicked on any of those garbage ads ??? I know I NEVER have. So if you are counting on those ads for getting you business, you are on the wrong business plan.

Carol

skillet · Joined: 02 May 2007 Posts: 83

someone said .... just try to make sellers have one payment option and see what happens??? well amazon does just that....look closely at shop.com i think they are doing the wise thing too..and THIS will be the future.. the big sites having in house payment systems where the buyer buys from there .. everything stays consistant with no changes and the buyer feels ALOT safer with his purchases.

auction type places is dead unless there is a buy it now on all the listings which then makes it not a auction site but a shopping site for immediate sales. also the websites who try to work sales from the search engines will soon die out... buyers are getting tired and so dizzy going thru search engines and seeing so many different systems to go thru and learning to buy a product from so many different systems.

so the future is yahoo.. msn.. google all setting up shopping sites and ALL having in house payment systems.. JUST like amazon!!

yes websites can try to make sales on their own.. BUT the buyers will not want to NOT work with one of the big 3...If the buyers buy from one of the big 3 the buyers will feel alot safer...

and if the big 3 ALL have this then sellers will do well cause with 3 there is real competition... but any other places to sell at online will die out...

Yahoo has a big lead in getting this set up first and to get alot of sales for its buyers....the question is will they make their own payment system and their own shopping system or buy ebay and paypal and ease them into THEIR system..

as for as selling is concerned... those yahoo shopping ads on peoples emails is GOOD not bad for more sales.... gmail not having that has less buyers being brought to its shopping site and to sellers items..

yahoo will have a shopping site.... and a in house payment system .. if not they are brain dead!!

angelsolutions · Posted: Tue May 15, 2007 8:23 pm Post subject: Re: PayPal Versus Google Checkout

It was me that said it. And you make some good points about in house payment systems, however. Yahoo tried that and failed. Yahoo Paydirect. They couldn't make it work.

MHO...GC will come out in front. Too many legal problems on the Paypal front and uhm...unless Yahoo has some cash eBay doesn't know about, Yahoo ain't buyin' nuttin. eBay will never give up the only thing that *made* it money last year.

Let's see what shakes out by the end of the year. Me? I'm sticking with Google checkout. I believe. :D

sylvia

skillet · Joined: 02 May 2007 Posts: 83

the issue about yahoo buying out ebay and getting ebay and paypal would be more a partnership not a buy out BUT ebay NEEDS to let the public THINK they have been bought out... why?? cause ebay is at a disadvantage cause of ripping off sellers as hard and as fast and as long as they possibly could... THIS now has given them terrible goodwill ... the worst of any site.....THEY NEED to erase this disadvantage before google or msn or yahoo gets a great shopping site going.... THE best for feebay is to be seen as being taken over by OTHERS.. by yahoo..... BUT in reality may just partner with yahoo....

so there is a very good chance yahoo soon will be seen running ebay and paypal... and they would use them as yahoos shopping and payment service..and may make a change where its a total IN HOUSE payment system like amazon....

SHOP.COM seems to understand what the future holds and has set up an in house payment system dor all the web site sellers....

looking around search engines for items in a blue million websites with a blue million different systems to learn and follow THIS will get buyers TIRED and DIZZY and they will then go to those sites where they have one system and has one in house payment system...

google tried with gmail several yrs ago to compete now they have thriteen times less users than yahoo email.... I would not bet on google being able to compete reasaonbly in just a yr... havign a name for their shopping site... google products .. instead of google shopping has shot themselves in the FOOT !! AGAIN !!