One of the modern methods of making online payments is the use of the electronic service Google Checkout. The system, which is owned by Google Inc., is designed to facilitate online shopping for users around the world. A feature of the system is the ability for users to make purchases without a prerequisite, which provides for multiple input of bank card data.

 

After linking the banking product (debit, credit card) to the account, the user is able to pay for all Google products in a few clicks.

In 2015, the process of transformation of the Checkout system into Wallet began. However, as of July 2016, many services use the "old" payment service name.

 

Google Wallet: how and where to register?

To register in the Google Checkout system in Russia, you must pass authorization on the Google website. If there is no account on the Google website, then preliminary registration is required. After that, the system offers to add a new payment method. Personal information required. After that, the bank card number is indicated. A prerequisite is the introduction of the expiration of the card and the security code CV. After accepting the terms and agreement with the terms of the PS, registration is considered complete. The website for registering in the Google Checkout system is https://wallet.google.com/.

After receiving an account, the client can use the following options:

view all payments that have been made through the system;
the ability to edit data on bank cards, add new ones;
evaluate the work of online stores, as well as leave your feedback (applies to those objects in which purchases were made);
create and delete shipping addresses for goods.

System monetary units

International service since its foundation (2006) uses the American dollar as a currency. A year after its launch, the system began operations in the UK. Therefore, it was decided to introduce an additional currency, which became the British pound.

Where can the funds be used?

The technologies that the American corporation Google Inc. used inside its system have become wider thanks to Google Checkout. Using the payment platform, you can buy any products of the American giant, for example, Google Play, Google Express Google Video, YouTube and dozens of others.

Any point of sale can accept funds for the sale of digital products of the company. For a customer who likes a certain product, it is enough to log in and purchase the product: for this you need to make one click. At the same time, the outlet does not have any financial relationship with the buyer - the money is transferred to the stores account by Google. The client does not need to create electronic wallets, undergo additional verification, or worry about security. Payment is made exclusively by bank card. Currently, Google Checkout in Russia allows using MasterCard, Visa Electron and Visa cards. At the same time, there are no restrictions on using Discover and American Express.

 

Specific features of the Google Wallet system:

inability to accept transfers. The service is focused on the purchase of goods;
PS Google Checkout conducts all monetary transactions without commission;
the ability to pay for purchases (including at auctions), services.

Payment for services on an incognito basis

Registration involves the introduction of an insignificant amount of personal data. In addition to the name, place of residence, as well as the bank card number, the system does not ask for other information. The only condition is the age of majority of the user and the accuracy of the information.

Having an account greatly enhances the experience for a customer who frequently visits various websites and purchases digital products or services. On each of these sites, the buyer leaves a lot of information about himself, the reliability of which depends solely on the decency of the store owners. It is to preserve confidentiality, as well as additional security, Google Checkout in Russia and around the world offers storage of confidential information exclusively on its own servers. The purchase takes place in such a way that the store owner does not have any access to personal information, including the buyers bank card number. The American concern performs all tasks independently.

Complete absence of risks

The key point that brings the possibility of fraud with a buyers credit card to zero is the use of confidential data by one person: the public corporation Google Inc. Information about the card number does not become the property of the databases of online stores, among which there are fraudsters. The store owner receives money from the payment service. In the future, Google Checkout withdraws funds from the customers (customers) bank card. The number of transactions is unlimited.

When suspicious programs interfere with the functioning of the system, the automatic blocking function prevents transactions and also informs the security service.

 

Additional safety features: seller rating

An additional factor that allows the user of the system to be calm about their funds is the rating score. It is regularly carried out by specialists of the Google Wallet payment service, tracking orders, their fulfillment and compiling ratings of bona fide sellers. In the future, users have the opportunity to receive relevant notifications by e-mail.

 

Client protection

Each Google Checkout user in Russia can take advantage of special rules to protect his rights. The corresponding document is located on the official website of the company and regulates the refund in case of refusal to purchase. The regulation applies to all types of transactions and in most cases is focused on consumer protection. Employees of the company are scrupulous about considering such cases.

Due to all the listed advantages, Google Wallet is one of the PSs that guarantee customers minimal risks when making payments.

 

Financial transactions, tariffs

Google Checkout is not a place to store your financial savings. In fact, EPS acts as an intermediary (guarantor) in financial transactions between the client and the seller. The use of the service is focused on serving customers when selling Google information products. Therefore, the service is free for buyers. In turn, store owners pay 2.2% of the transaction amount. Also, an additional $ 0.2 is charged for each money transaction.

Using the services of a payment guarantor requires authorization. After entering the data, the user can pay for the goods using his bank card. In addition, the client has the opportunity to view all purchases in his account. The information is stored on Google Checkout servers and has no limitation period. To view the entire list of orders, select the "Transactions" section.
Each purchase, which is accompanied by the withdrawal of a certain amount from the debit or credit card account, is confirmed by the receipt of an email message.

 

System access data recovery procedure

In case of loss of data that is necessary to enter the Wallet service, and most often it is a password, the standard procedure for its recovery occurs. In order to simplify this procedure in the future, an additional email address must be entered in advance. Also, be sure to provide a valid phone number. The Google Checkout system in Russia offers a separate page, which clearly sets out the sequence of user actions in the event of a similar situation.

 

Disadvantages and advantages of the service

The system is practically devoid of flaws. Since only bank cards are used as payment, users are not able to transfer funds between themselves. In addition, the service is of no interest to customers who rarely pay for Google products on the global network.

At the same time, the Google Checkout service is a unique way of serving customers who actively use the goods and services of an American company. The main advantages of the system:

minimization of risks when paying online;
simplicity of service (the site is available in Russian);
no need to download software;
saving all transactions in the account.
The Google Checkout system attaches great importance to controlling the integrity and security of transactions. For this reason, the company conducts a thorough vetting of sellers. Also in favor of buyers is the protection of their rights, provided for by a document called the Chargeback Resolution policy.