Google Gbuy Ready To Go
Google’s Gbuy is set to launch in a limited capacity on June 28th. It will take six to eight weeks for new implementations to be completed but existing Beta testers will be ready to go immediately. Initially the merchants will not pay any fees for transactions processed through Gbuy. Rates are then expected to be between 1.5% and 2.0% which makes Gbuy a lower cost alternative to Paypal.
Gbuy will not offer a transparent checkout system like Paypal Pro what can be achieved with a true merchant account and gateway. Customers will be taken to Google’s Gbuy website where they will complete their transactions.