Google Checkout Opens for Business
MOUNTAIN VIEW, Calif., June 29, 2006 - Google Inc. (NASDAQ: GOOG) today
announced the launch of Google Checkout (http://checkout.google.com), a checkout
process that makes online shopping faster, more convenient and more secure
for Google users. Google Checkout offers an easy and trusted checkout
option that enables shoppers to purchase from participating stores with a
single Google login. It also works with Google's search advertising
program, AdWords, to help merchants acquire new customers and process all
or a portion of their Checkout sales for free. "By integrating the checkout process with search and advertising, we're
helping our users complete the cycle of searching, finding and buying," said
Salar Kamangar, Vice President of Product Management at Google. "In
the offline world, shoppers don't tolerate long lines and tedious data
entry just to buy something. They shouldn't have to in the online
world either. Google Checkout simplifies and improves the online purchase
experience for both consumers and merchants." Security and Convenience for Shoppers Shoppers can also enhance their security when making purchases through Google
Checkout. The service conceals the buyer credit card number and provides reimbursement
for unauthorized purchases. And to provide more control over email spam,
Google Checkout lets shoppers choose whether or not to keep email addresses
confidential or turnoff unwanted email from the stores where they shop. Google Checkout enables purchases using existing payment methods, including
Visa, MasterCard, American Express and Discover. Citi, a leader in innovative
financial services products, is offering its credit card customers a special,
limited-time promotion for signing up and purchasing with Google Checkout
using their Citi Card. More information can be found at http://checkout.google.com. More Sales, Lower Costs for Merchants Google Checkout offers a wide range of integration alternatives to make it
easy for merchants to provide this new checkout option on their websites. These
integration options include cut-and-paste buy buttons, as well as an advanced
API that integrates with existing merchant shopping carts and order management
systems. Many service providers have already integrated Google Checkout
with their commerce platforms, including GSI Commerce, MonsterCommerce, and
ChannelAdvisor among others. To learn more about integration options
and join Checkout stores like Jockey, Starbucks Store, Levi's, Timberland,
Buy.com and many more, visit http://checkout.google.com/sell. The service is currently open to all U.S. merchants, whether they advertise
with Google or not, and Google is currently working to make the service available
to merchants internationally.
Here's how it works: shoppers can find stores that accept Google Checkout
by looking for the Google Checkout icon on AdWords advertisements or whenever
they come across the Google Checkout option on a merchant's site. If
shoppers want to use Google Checkout, they can create a Google Checkout login
right from the merchant's site with a single username and password by
entering basic information, such as their contact details, payment preferences,
and shipping information, once. Then, when checking out at any store
that offers Google Checkout, they can simply select Google Checkout, quickly
complete their transaction with their login information, and avoid the hassle
of filling out multiple forms. In addition, shoppers can keep track
of their purchase history, including orders and shipping details, in one place.
Google Checkout helps merchants streamline the checkout process and also works
with Google's advertising program, AdWords, so merchants can attract
more customers and increase sales. The Google Checkout icon on AdWords
advertisements makes it easier for shoppers to find Google Checkout stores
when they search. Once shoppers buy with Google Checkout, AdWords advertisers
can also process all or a portion of their sales for free. For every
$1 merchants spend on AdWords, they can process $10 in sales through Google
Checkout at no charge.
About Google Inc.
Google's innovative search technologies connect millions of people around the world with information every day. Founded in 1998 by Stanford Ph.D. students Larry Page and Sergey Brin, Google today is a top web property in all major global markets. Google's targeted advertising program provides businesses of all sizes with measurable results, while enhancing the overall web experience for users. Google is headquartered in Silicon Valley with offices throughout the Americas, Europe, and Asia. For more information, visit www.google.com.
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Google is a registered trademark of Google Inc. All other company and product names may be trademarks
of the respective companies with which they are associated.
Media Contact:
Megan Lamb
Corporate Communications
650-253-3627
mlamb@google.com

