Google Checkout

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2016-07-04 00:00:00:

Google Checkout is a server that specializes in processing electronic payments. The system is developed by Google , a popular IT technology company . This EPS is a convenient tool for paying for goods and services in virtual stores and services. The payment is easy to use: even a child can understand the interface; when making money transfers, you do not need to enter the details of the card account each time.

To date, Google Checkout is integrated into the Google server Wallet , so the portals of many virtual outlets use the names of both sites.

Initially, only US dollars were the official currency in the payment system, but in April 2007, pounds sterling (the banknotes that circulate in the UK) joined them.

Google Checkout also functions in Russia: citizens of the Russian Federation can also pay for online services through this payment system.

Key features of Google checkout

In their work, Google EPS Checkout uses modern technology to accept payments for the services of a company, such as Google Earth , Google Play , Google video and others.

Absolutely all virtual organizations (including stores) can accept payment for their goods and services through this payment system. To pay, the buyer just needs to click the mouse button once. At the same time, the card account number is not displayed (this is an important point when it comes to the financial security of the client). However, there is one condition: pay for purchases through the Google server Checkout is available only to customers registered in EPS.

Another feature of this payment system is that there is no need to draw up accounts and transfer funds to them: all payment transactions are carried out directly from a bank card. Google cooperates with such popular payment systems as VISA , Discover , American Express and MasterCard . Their payment documents are accepted for payment procedures.

Carrying out financial transactions in the Google system Checkout , users who make purchases in virtual outlets do not pay a commission fee.

Attention! Customers-buyers cannot accept payments: this function is not provided on the server.

The electronic payment system from Google is the link between the online store and the buyer. It specializes only in the provision of services related to payment for purchases in virtual outlets, online auctions and the use of services of paid online organizations.

Confidentiality

The procedure for registering with Google is simple and does not take much time: the user will be prompted to fill out a form in which they need to enter data about themselves. But when authorizing in the Google payment system Checkout person will have to provide more information: the system will require you to enter your country of residence, address, full name and credit card details. In this case, all data must be real. Filling out the form is one- time : the client will no longer have to provide personal information.

Customer information is confidential and is not shared with third parties. No one will be able to find out the details of the payment card either: during a financial transaction, the account number is not displayed.

Safety system

Google security system Checkout consists of several phases.

Confidentiality of card details. The buyer transfers funds to Google , and from him the money goes to the account of the merchant. This method of work is a reliable protection of users' finances from swindlers and thieves.
Rating of commercial enterprises. Google analysts conduct their own statistical research and rank virtual stores, organizations and services. This is one way to reduce the risk of unauthorized intervention in cash management. Google Specialists Checkout closely monitors all transactions. After the transaction is completed, a corresponding notification will be sent to the payer's e-mail.
System for detecting illegal financial transactions. Google has a program that can detect fraudulent transactions.
Server rules. Google Payments Administration Checkout has developed a set of rules that all users must adhere to. This document indicates the situations in which the buyer may refuse to pay. If disputes are resolved, the customer support center comes into play.

Experts unanimously argue that Google Checkout is the safest and most reliable EPS in the world.

Deposit/withdrawal of funds

Google _ Checkout does not provide for electronic wallets, which means there is no way to store money here. The system acts as an intermediary between buyers and online trading platforms. The money is transferred directly from the client's card account to the seller's account.

What features does Google provide Checkout for buyers?

Buyers on Google Checkout does not have to pay a penny: the system provides its services for them for free. In addition, the payment system allows users to track the status of payments and view transaction history.

After the financial transaction is completed, a notification is sent to the buyer's e-mail.

What should I do if my login information is lost?

To get into your personal account, the user must enter an e-mail address and a secret password. The system recommends using alternative mail: in case of force majeure, access data will be sent to this mailbox. To recover a username and password, a person must follow the link, fill out a special form and follow the step-by-step instructions.

How to register with Google checkout ?

Only adult citizens can work with the payment system. To become a member of the system, the user must register. To do this, go to the site http://support.google.com/wallet, click the "Register" button and fill out the proposed form, in the fields of which you need to enter your login, password, personal data and payment card details (information is entered in Latin).

If the client is already registered in Gmail or on any of the sites of the Google Corporation , then he can use the already prepared account to log into Google checkout .

If the addresses to which payments will be made and the delivery of goods are the same, then you need to fill in the “Address for payments” field, if the addresses are different, then you will need to fill in the “Delivery address” column. In the course of work, addresses can be edited or additional ones can be added.

After the user provides all the necessary data, he needs to click the "Create an account" button (located at the bottom of the page).

Attention! In the first month of work in the system, the finances stored on the card account will be blocked. This is necessary in order to verify the authenticity of the payment document. At the end of the 30-day period, the card will be unlocked.

Members of the system can use the following options:

transactions (allows you to view the history of financial transactions);
types of payments (here is information about the client's bank card; if necessary, the details can be edited);
contact book (the section contains addresses to which goods are delivered);
reviews of merchants (in this category, members can leave reviews of merchants whose services they have used).

Advantages and disadvantages of the Google payment system checkout

Like any electronic payment system, Google Checkout has its advantages and disadvantages. It should be noted that the advantages of this service are an order of magnitude greater than the disadvantages.

Advantages:

reliability and security (the payment is equipped with a multi-stage security system; personal information about customers is kept in the strictest confidence);
ease of operation (a person who has basic knowledge of working on a PC will be able to register in the system, it is easy to understand the interface of the site);
settlements with a reliable company (buyers pay for the purchase not to sellers, but to the system, while the user does not need to provide personal data to the owners of online organizations);
only the best stores ( Google employees Checkout carefully check outlets for reliability; the possibility of fraud is completely excluded);
internationality (citizens of all countries can work in a payment system; the site is available in many languages).

Flaws:

limited opportunities (money transfers between system participants are impossible);
narrow specialization (the service focuses exclusively on online shopping).