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Comment: The article DOES tell about pricing. (Score 3, Informative) 268

by mlantz7 (#15613365) Attached to: Google to Test PayPal Rival
The article does discuss pricing and Google's strategy here. Pretty smart if you ask me...

    "Google plans to charge merchants a 2.2% commission on a sale, plus 30 cents per transaction using its payment service...That is higher than Pay-Pal's lowest published rate of a 1.9% commission plus 30 cents per transaction.

    "Google's rate doesn't include the discount pricing that the company will give to merchants participating in its AdWords advertising program...Merchants who spend money on Google's ad program could get the cost of payment processing through Google dropped to nothing...

    "To attract consumers, Google plans to offer an unspecified rebate to people who complete online purchases using GBuy."

If you can't understand it, it is intuitively obvious.

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