This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Google Checkout Glitches

Updated from 11:22 a.m.

Some users of Google's (GOOG - Get Report) online payment processing system Google Checkout are experiencing technical glitches.

The service, which some analysts say poses a competitive threat to eBay's (EBAY - Get Report) PayPal, sometimes takes longer than anticipated to process orders. The delays are caused by Google Checkout's fraud protection features.

"Occasionally, these procedures result in brief delays for a small percentage of users," the Mountain View, Calif.-based company says in a statement. "We are continually working to make the process as efficient as possible to ensure that Google Checkout is secure and convenient for both merchants and buyers."

In addition, some shoppers have complained that orders through Google Checkout have been canceled without justification, according to IDG News Service, a trade publication that earlier reported the glitches. Customers have complained to merchants, IDG says.

Google Checkout, which is accepted at sites owned by Starbucks (SBUX - Get Report), Timberland (TBL) and Jockey, lets people store their credit card information with Google so that they don't have to continually provide it to online merchants while they shop.

The problems with the payment processing feature underscore the weakness with Google's product development outside of search. Google often brags about how it releases products "early" and fixes them later after receiving feedback from users. The company has argued that this approach to product development keeps it nimble.

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Submit an article to us!
SYM TRADE IT LAST %CHG
EBAY $59.02 -0.46%
GOOG $539.29 0.26%
SBUX $50.60 0.62%
AAPL $130.08 0.88%
FB $79.03 0.05%

Markets

DOW 18,127.39 +103.33 0.57%
S&P 500 2,119.51 +11.22 0.53%
NASDAQ 5,040.4270 +35.0360 0.70%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs