Thursday, November 3, 2011

Bitcoin vs. Google Checkout

Since this is a Google Blogger Blog, I have quite a few options when it comes to adding "gadgets" to the site. Currently, I use the "Poll," "Recent Comments," and "Popular Posts" gadgets, among others.

While perusing through some other options, I came across the "Support My Blog" gadget, which:

"Adds a Google Checkout Support Button to your page. Use the support button to enable your readers to support your blog with contributions."


I've already got a Bitcoin Tip Jar, but it would be nice if non-Bitcoiners could leave tips too.

Let's do this!

"When you use Google Checkout to process your sales, you'll be charged rates as low as 1.9% + $0.30 per transaction. With Google Checkout, there are no monthly, setup, or gateway service fees."


That's reasonable, I guess, but if someone wants to leave a $0.10 tip, it's going to cost me $0.30. Seeing as most of the tips I receive are under $0.50, that's not very good.

But wait, what's this?

"An additional 1% fee will be assessed on transactions where the merchant's country is different from the buyer's billing country."


Well, since I'm from Canada, that's like, most of the time.

1% isn't very much though...

"With 10 days notice, we may also charge higher transaction processing fees to merchants that incur excessive chargebacks or otherwise pose financial risk to Checkout."


I'm not selling anything, so that shouldn't happen. But what if someone wants to screw with me?

"In cases where you are found liable for a chargeback, you'll be charged the full amount of the chargeback plus an additional $10 chargeback fee."


To hell with that!

Thanks for nothing, Google.

P.S. Please don't close my Blogger account. You guys are awesome, just not awesome payment processors.

13 comments:

  1. shut the fuck up you moroncoin and get a lifecoin.


    stupid shit blog, fuck off and stop spamming reddit.

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  2. why, just b/c he's telling the truth?

    keep up the good work GoWest!

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  3. Keep up the good work Gowest don't listen to the troll ^^

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  4. I enjoy your posts GoWest. I have a vested interest in the success of Bitcoin as it represents an transaction system that is light years ahead of anything else on offer from other organizations.

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  5. Stupid shit troll. Fuck off and stop spamming GoWest.

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  6. "Stop spamming the Reddit in the appropriate Bitcoin subreddit!"

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  7. This post is real as it gets. These are facts and not fiction. Every blogger looking to possibly use Google checkout as a method of receiving donations for their contribution is going to have to consider these hurdles properly like GoWest have done here.

    This isn't even about promoting bitcoin so much as analyzing one of our current best option available today for micropayments. It's doesn't take a genius to see the obvious short comings GoWest pointed out here. There certainly is a growing niche of online micropayment processing for the global blogsphere.

    Bitcoin definitely have high potential to fill this demand as the awareness grow. I obviously can't provide any definite time scale per say, but the juxtaposition of actually being able to receive micro payments with bitcoins vs having to fear chargeback and going negative with Google is not lost.

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  8. This comment has been removed by a blog administrator.

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  9. I guess it was just a matter of time before the trolls found me. I will still allow anonymous commenting but will continue to monitor the situation.

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  10. yeah... and ya give the anonymous comments the seriousness they deserve...

    occasionally there is a good anon comment... but most of the time, if yer not willing to put your name on something you're saying?

    well... how much could what was said, possibly be worth...

    -- Smoov

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  11. freaking trolls... yea stop giving us factual information and get what? lifecoin! what an idiot! Forget about lifecoins, get a life!

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  12. Do you reckon Bing and Yahoo might be coming up with something at the moment. They have integrated search etc but as far as i am aware they haven't so far. Now that would make interesting news. I wonder with Google checkout going over to wallet.

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  13. @Kevin: no idea, but anything they come up with would only be the same old school banking system in a different wrapper.

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