Submission + - Google Checkout Fee Changes
SuperCharlie writes: Upon logging in to my Google Checkout account I found this little message:
"Google Checkout 2009 Fee Changes
On May 5, 2009, Google Checkout's transaction processing fees will be changing from 2.0% + $0.20 per transaction to a new tiered pricing structure, where the rates will vary depending on the amount of your monthly sales processed through Checkout."
Digging a little further shows the meat of the new changes...
"New fee structure starting May 5, 2009
At that time, we'll also be discontinuing the free transaction processing promotion for AdWords advertisers. Any AdWords transaction processing credits accrued during April 2009 will be applied towards transactions that occur on May 1-4, 2009.
Beginning on May 5, 2009, transaction processing rates will be determined by your sales volume during the prior calendar month minus any refunds:
Monthly sales under $3,000 2.9% + $0.30 per transaction
$3,000 — $9,999.99 2.5% + $0.30
$10,000 — $99,999.99 2.2% + $0.30
$100,000 or more 1.9% + $0.30"
Beating up the little guy and reducing rates for the higher monthly transaction people just seems like a recipe for organized credit card theft nirvana from where I'm sitting.
"Google Checkout 2009 Fee Changes
On May 5, 2009, Google Checkout's transaction processing fees will be changing from 2.0% + $0.20 per transaction to a new tiered pricing structure, where the rates will vary depending on the amount of your monthly sales processed through Checkout."
Digging a little further shows the meat of the new changes...
"New fee structure starting May 5, 2009
At that time, we'll also be discontinuing the free transaction processing promotion for AdWords advertisers. Any AdWords transaction processing credits accrued during April 2009 will be applied towards transactions that occur on May 1-4, 2009.
Beginning on May 5, 2009, transaction processing rates will be determined by your sales volume during the prior calendar month minus any refunds:
Monthly sales under $3,000 2.9% + $0.30 per transaction
$3,000 — $9,999.99 2.5% + $0.30
$10,000 — $99,999.99 2.2% + $0.30
$100,000 or more 1.9% + $0.30"
Beating up the little guy and reducing rates for the higher monthly transaction people just seems like a recipe for organized credit card theft nirvana from where I'm sitting.
