Update: As of February 1, 2008 Google charges a 2% processing fee plus 20¢ per transaction. Donations to non-profit organizations are still free though!Google has an amazing product called Google Checkout which allows anyone to easily process credit card transactions.
Google Checkout means totally free credit card processing! All other credit card processing companies withhold a percentage of the amount charged to the card. In addition to that, there are fees per transaction etc.
I personally have used Google Checkout to charge tuition for a camp I ran last summer, and it worked flawlessly.- Someone owes you money
- You want to sell something (either online or not)
- You want to charge for a service (i.e. camp, tutoring etc.)
Google will give you the FULL amount. If you send someone a bill for $100, Google will deposit the full $100 in your bank account! No credit card processing fees at all!
(When they first sign up with Google, they should really do it by buying something which will give them $10.00 off their purchase (might expire Dec. 31, 2007 - Update Jan 1st: still working! ). Buying this 1GB Flash Drive at Buy.com will be FREE with Google checkout.)
Miles-obsessed individuals could surely figure a way to get lots of miles out of this…
Click here to sign up for Google Checkout.
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If you are a non-profit, be sure to take advantage of this amazing offer!
Click here if you are a Non Profit organization.
2 comments:
This could be a perfect solution to eliminate the 3% BT fees most CC charge!
Unless of course there is a maximum charge. Is there?
Mendy. (bittul)
Yes, it might work. I don't think Google has set up a maximum charge, though I believe they reserve the right to void transactions.
I think it would work well if someone is already processing large amounts through his Google Checkout account, if you only have one massive transaction I doubt it will go through.
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