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Alan Rimm-Kaufman

Google Pushes Checkout

From Inside Google, two stats about Google Checkout:

* Amount Google spent to promote Checkout in ‘06: $58mil
* Amount Google will earn in Checkout fees in ‘07: $0

If you hadn’t heard, Google is processing transactions for free for all of 2007.

(I’m half expecting the hardware wizards over at Make to hack a credit card scanner to allow small brick-and-mortar retailers to clear transactions this way.)

Nathan Weinberg observes: “Google is pushing Checkout by buying its way into the market.”

Yep.

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  • Gab Goldenberg: Been reading your posts and George's and other RKG ones for a while Alan, and this both looks like fun and a very nice initiative!...
  • Alan Rimm-Kaufman: Terry -- Thanks for catching the smart quote problem -- Fixed above now, hopefully -- Cheers -- Alan
  • Msn Avatarları: very good, thank you..
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