Ecommerce

How do you pay for stuff on the Internet?

PayPal is a household name that most of us will have used, but how familiar are you with Google Checkout?

 

Hitwise report that Google’s payment service overtook PayPal in the UK this Christmas as an alternative payment provider.

As you might expect, the majority of PayPal’s purchases are coming from the eBay platform. On the other hand, independent retailers and companies like Dabs and Vodafone are offering Google Checkout as a payment option.

Google Checkout have just published a useful newsletter providing an update on the latest service offerings.

Another alternative payment offering that is getting alot of traction in the USA is BillMeLater, a deferred payment provider that doesn’t require a credit card.

Amazon are reported as having invested in BillMeLater, along with the likes of Walmart, Reebock, and Toys R Us.

Just enter your date of birth and the last four digits of your Social Security number, and a bill will get posted to you with special payment offered by the retailer such as terms like “no payments for six months.”

You can be sure the service will hit our shores soon.

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