Tuesday, May 21, 2013

How Safe Is Google Checkout

Credit cards can be used with Google Checkout.


Almost $150 billion in e-commerce transactions and sales were conducted in 2008, according to Plunkett Analysis. As e-commerce continues to burgeon, so does the figure of heads using online payment-processing services, with PayPal vitality the best-known work. Google Checkout is a relatively recent player in this nature, as it by oneself started in 2006. Google Checkout boasts assorted layers of safety to protect both buyers and sellers.


PCI Compliance


Google Checkout is certified as Commensurate 1 Worth Card Production (PCI) compliant. This essentially way that the work has a ideal secure network for credit card transactions. As soon as a fraudulent purchase is detected, the order will be canceled along with other transactions in a merchant's store that have used the same credit card information.

Chargeback Protection

For Google Checkout merchants, the service offers both chargeback protection and a payment guarantee policy.



Google Checkout takes many steps to arrange that sellers and merchants who appliance the programme are guarded and valid. Anterior, Google Checkout requires that all merchants posses a Merchant ID, which is used to secure all communications between Google and the seller. Google again uses API authentication and digital signatures when setting up shopping carts and conducting online transactions. This not by oneself bolsters safety, it besides helps automate the mechanism for sellers.


Buyer Safety


To protect buyers, Google Checkout does not remit merchants to detect a customer's credit card number. Rather, the customer provides credit card information to Google Checkout when creating a new account, and the service routes payments directly to the merchant's designated account.


Fraud Protection


Google Checkout offers strong fraud-protection policies. Google Checkout has several Buyer Credit Verification features for merchants, including verification of billing and shipping addresses and Card Verification Value (CVV) confirmation. Also in place is an advanced risk model that Google uses to detect fraud by buyers. This comparable of PCI certification besides requires that the function protect cardholder info and gain driver's seat measures in levy. Google Checkout is extremely passage to an annual on-site security inspection and audit to confirm its compliance.

Seller Safety



In the chargeback protection program, Google reviews each chargeback to a merchant's account to determine eligibility and, if necessary, disputes the charges on he merchant's behalf. The payment guarantee policy assures sellers that they will be reimbursed for unwarranted claims of "non-receipt of goods" or "unauthorized" charges.