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SCALDING HOT!!! FREE CREDIT CARD PROCESSING FROM GOOGLE THROUGH THE END OF THE YEAR!!!!!! Archived From: Deal Discussion

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This is unbelievable!!!
Google just sent me an email that they are waiving all processing fees for credit card charges through 12/31/06!
DITCH PAYPAL! SIGN UP TO RECEIVE PAYMENTS VIA GOOGLE CHECKOUT NOW!!!
Checkout.google.com
Free Credit Card Processing Linky
Go Gooooooooogle!

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i330 said:This is unbelievable!!!
Google just sent me an email that they are waiving all processing fees for credit card charges through 12/31/06!
DITCH PAYPAL! SIGN UP TO RECEIVE PAYMENTS VIA GOOGLE CHECKOUT NOW!!!
<a href="http://www.checkout.google.com"target="_blank">Checkout.google.com</a>
<a href="http://checkout.google.com/support/sell/bin/topic.py?topic=10090"target="_blank">Free Credit Card Processing Linky</a>
Go Gooooooooogle!


Cept eg@y is g@y and we cant.

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Now we talking competition..

Thanks for posting

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Google should create "Google Auctions". Someone has got to stop eBay.

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onion said:Google should create "Google Auctions". Someone has got to stop eBay.


Second that!

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can't we just keep maxing out the cc and get Cash Back in the process over and over....

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onion said:Google should create "Google Auctions". Someone has got to stop eBay.

I think we'll see it in three years or less. Google has some very secret projects going on.

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vice said:onion said:Google should create "Google Auctions". Someone has got to stop eBay.


Second that!


Can't agree more. eBay/paypal need to have some compitition, someone needs to check thier fees that are ever increasing year afer year.

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Someone please explain the difference between processing fees and finance fees and APR (with examples)

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vice said:onion said:Google should create "Google Auctions". Someone has got to stop eBay.


Second that!


HooYaa! That would be awesome for everyone- competition (real) makes it better for buyers AND sellers! eBay rapes its sellers (Paypal).

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jbengel said:onion said:Google should create "Google Auctions". Someone has got to stop eBay.

I think we'll see it in three years or less. Google has some very secret projects going on.



Guess it's no longer a secret then. Prepare to dump eBay stock at end of 2008 guys.

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Does anyone see problems with friends selling each other items at inflated prices to rack up credit card points?

The terms of service requires only that a transaction include a product sold to a bona fide purchaser. I forgot most of what I learned during property class in law school, but I believe a bona fide purchaser can make a nominal payment and does not have to pay fair market value. Therefore 2 parties may mutually sell items of little value for say $5000 to each other, earning 5000 free credit card points each.

I see no legal or TOS issues, although Google does reserve the right to impose transaction dollar amount limits. And I assume if they see this happening, they will limit individual or aggregate transaction amounts, closing the "loophole."

The limiting language in the terms of service is "GPC may establish general practices and limits concerning use of the Service, including without limitation individual or aggregate transaction limits on the dollar amount or number of Payment Transactions during one or more specified time periods."

Are there any tax issues? Does Google report large sales?

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The only reason I sell on fleabay is because they have a large bidder presence.

Other than that, their software and overall operation basically suck. I don't know what kind of software engineers, product managers and QA they hire. Virtually every new feature and old features as well are buggy and don't perform as expected. Their online invoices are the most weird and non-intuitive bills I've ever seen. All their UI are designed poorly, totally non-intuitive. Essentially, their engineering is seriously messed up. Can't wait for google to enter the race and kick their behinds.

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mybuds said:Does anyone see problems with friends selling each other items at inflated prices to rack up credit card points?

The terms of service requires only that a transaction include a product sold to a bona fide purchaser. I forgot most of what I learned during property class in law school, but I believe a bona fide purchaser can make a nominal payment and does not have to pay fair market value. Therefore 2 parties may mutually sell items of little value for say $5000 to each other, earning 5000 free credit card points each.

I see no legal or TOS issues, although Google does reserve the right to impose transaction dollar amount limits. And I assume if they see this happening, they will limit individual or aggregate transaction amounts, closing the "loophole."

The limiting language in the terms of service is "GPC may establish general practices and limits concerning use of the Service, including without limitation individual or aggregate transaction limits on the dollar amount or number of Payment Transactions during one or more specified time periods."

Are there any tax issues? Does Google report large sales?


Why even bother with getting a friend to do it? Why not just charge yourself? What would stop me from signing up on this and charging a few hundred dollars to each of my credit cards? It would be an easy way of doing my first $250 purchase on my new United Miles Visa and my new Starwood card.

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Hopefully they have a better business model than eBay/Paypal. Bidpay.com is another good one (they verify funds before accepting). Simple concept but doesn't make as much money as eBay/Paypal's nonsense.

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so HOT
can we really max out our credit cards and get the reward points?

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Please tell me how to sign up for accepting payments. I can see only payment options in my google checkout account. Can I create seller's account?

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Shaz said:mybuds said:Does anyone see problems with friends selling each other items at inflated prices to rack up credit card points?

The terms of service requires only that a transaction include a product sold to a bona fide purchaser. I forgot most of what I learned during property class in law school, but I believe a bona fide purchaser can make a nominal payment and does not have to pay fair market value. Therefore 2 parties may mutually sell items of little value for say $5000 to each other, earning 5000 free credit card points each.

I see no legal or TOS issues, although Google does reserve the right to impose transaction dollar amount limits. And I assume if they see this happening, they will limit individual or aggregate transaction amounts, closing the "loophole."

The limiting language in the terms of service is "GPC may establish general practices and limits concerning use of the Service, including without limitation individual or aggregate transaction limits on the dollar amount or number of Payment Transactions during one or more specified time periods."

Are there any tax issues? Does Google report large sales?


Why even bother with getting a friend to do it? Why not just charge yourself? What would stop me from signing up on this and charging a few hundred dollars to each of my credit cards? It would be an easy way of doing my first $250 purchase on my new United Miles Visa and my new Starwood card.


I'll address your questions in two parts. First, Google will not let you purchase from yourself. You could open a second account to circumvent their rules, but doing so may be a violation of the user agreement. Second, funneling money through Google Payments without a legitmate purchase is much more suspect than conducting an actual sale. The user agreement expressly requires a sale of a product. When making the most of promotions such as these, it is best to play by the rules.

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mybuds said:When making the most of promotions such as these, it is best to play by the rules.If something is posted on FW, it'll be abused (look at the Dealpass thing)

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