PayPal is one of the leading Payment Processing systems. However Google Checkout has given a stiff competition to PayPal. Like PayPal, you can use Google Checkout for providing “Buy Now” buttons on your eCommerce Website.
Google Checkout is growing in this industry however it has a long way to go. PayPal wins over Google Checkout when it comes to serving international users as it deals in 24 currencies as opposed to 8 currencies by Google Checkout.
Google Checkout is easy to use and implement whereas PayPal API requires some coding skills for its implementation. We have compared both the payment processing service providers. Following is the comparison between PayPal and Google Checkout.
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Major Features
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Sellers/Merchants |
US and UK only |
190+ nations globally
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Currencies |
US Dollar British Pound |
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Setup Time
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Quick and Easy |
Quick and Easy |
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Accepts Payment Methods |
Credit Card, Debit Card |
Credit Card, Debit Card, Direct Debit, eCheck |
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Cost
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US$0.30 + 1.9-2.9% per transaction |
US$0.30 + 1.9-2.9% per transaction |
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Non-Profit Discount |
Only for Google Grants recipients |
Yes |
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Subscriptions |
Currently only in beta, requires developer implementation |
Easy to use functions for subscriptions and transaction |
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Funds Retrieval |
Automatic
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Manual |
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Fraud Protection |
Yes |
Yes but only for orders exceeding US$50 |
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Fees Per Transaction |
Google Checkout |
Paypal |
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US$0.00 – US$3,000.00 |
2.9% + US$0.30 |
2.9% + US$0.30 |
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US$3,000.01-US$10,000.00 |
2.5% + US$0.30 |
2.5% + US$0.30 |
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US$10,000.01 – US$100,000.00 |
2.2% + US$0.30 |
2.2% + US$0.30 |
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> US$100,000.00 |
1.9% + US$0.30 |
1.9% + US$0.30 |
