I thought that the midst of the holiday season was as good a time as any to revisit one of my favorite subjects: Checkout vs. PayPal.
Quick recap to those unfamiliar: Both are online payment services. PayPal, wholly owned by eBay Inc. (NASDAQ:EBAY), is a longtime (8 years) established service operating in over 100 markets internationally with over 123 million users. Checkout is a service Google Inc. (NASDAQ:GOOG) developed and launched in June 29 of this year. Originally dubbed "PayPal killer," Checkout has actually been slow in getting traction.
Lately, both companies have offered holiday incentives, with PayPal offering buyers cash rebates until May 2007 (a long holiday season) while Checkout waiving merchant processing fees until the end of the year. Well, maybe the incentive has been working for Google Checkout since it is now extending the free use of its payment service to online merchants through the end of next year.
Read on http://www.bloggingstocks.com/2006/12/13/google-checkout-vs-ebays-paypal-yes-again/
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