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Google Checkout goes fee-less in 2007
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Written by Danrok   
Friday, 08 December 2006 10:00

From DailyTech: 

According to reports, Google will be eliminating fees from its online payment, Checkout. To compete better with PayPal, Google is letting merchants use its Checkout system to process payments without taking a hit on transactions. Traditionally, merchants who use PayPal take a 2.9-percent hit on the total value of a transaction plus another 30-cents for actually processing a transaction. Over the years, many PayPal users have scoffed at the high fees that PayPal enforces on its customers. Despite this however, PayPal remained a growing and popular online payment service for users worldwide.

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