Google has announced plans to retire Google Checkout in favor of transitioning merchants and consumers to its new Google Wallet service. The company states that Google Wallet better meets the needs of users due to a wider range of device compatibility and integration. This move is great for merchants who have another processor in addition to Google Checkout because Google Wallet is compatible with most card processors. However, online retailers who currently rely on Google Checkout as their sole credit card acceptance method will need to find a replacement if they wish to continue taking credit cards after November 20th, 2013.
What To Do Next
If you have a payment processor…
If you already work with a traditional credit card processor, you can apply for “Google Wallet Instant Buy” to integrate Google Wallet into your payment options. There are no fees in addition to your current merchant account costs and the service also offer rewards and loyalty features.
If you don’t have a payment processor…
If Google Checkout is your sole processing method and you process more than $3,000 per month in credit card sales, it may be time to consider upgrading a traditional credit card processor. There are a lot of options out there and you must practice due diligence before signing up for an account because failing to do so can be very costly. First, be sure to read our free ebook, “Fee Sweep – How To Get The Merchant Services You Need Without Getting Scammed” and then visit our Top Processors page to find a highly rated provider.
Maybe you want to stick with something more like Google Checkout. That’s fine, too. There are several great options that offer easy signup, simple integration with your website, useful features, and better customer support. We have previously reviewed and rated most of Google Checkout’s competitors, so here are the picks we think make for the best alternatives.