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by bryanallen22 5607 days ago
Google Launches New Web Referral Program

Google today announced a new Web Referral program as part of their search engine. Indexed web pages that accept payment will be required to accept Google Checkout as a payment option. Google Checkout payments now give Google a 30% cut per transaction.

CEO Larry Page stated, "Our philosophy is simple - when Google brings a new buyer to the web page, Google earns a 30 percent share; when the company brings and existing or new buyer to the page, without using the Google search engine, the company keeps 100 percent and Google earns nothing. All we require is that, if a company is making a product or service available on their web page, the same (or better) offer be made via Google Checkout. We believe that this innovative Web Referral service will provide companies with a brand new opportunity to expand their exposure on the world wide web, delighting both users and companies."

Page added that customers will benefit from a consistent user interface and less distribution of their credit card and personal information.

4 comments

Paypal Reacts, proposes same thing.

Companies offering payment from both services increase prices 170%.

I don't see how that is an argument to get regulators involved (if that is the point that you're trying to make)
There are good arguments elsewhere in this thread. I'm just pointing out a scenario I haven't seen discussed much: What if all powerful tech companies started wielding their power as an offensive weapon?

Oracle wants a cut of JVM delivered content, Microsoft wants a premium on content that passes through their APIs, etc.

I have difficulty defending Apple in this matter, but yours is an inaccurate comparison.

Google did not create the internet. On the other hand, Apple created the iPhones, iPads, and iPod touches on which these apps (potentially) thrive, and has gone to great lengths to support app developers.

Well said sir, well said.