UNITED STATES | Online ticket marketplace TicketNetwork.com proudly unveiled Google Wallet as the newest payment method for customers using its desktop and mobile websites. Google Wallet is a mobile payment system that allows customers to safely store their credit and debit cards and pay online with just a couple of clicks.
"Buy with Google" Button At Checkout
When placing orders on TicketNetwork.com, customers no longer have to (re-)enter their payment information manually. By selecting the "Buy with Google" button at checkout, they now will be able to add their billing and shipping information with a single click, making the process faster, easier, and more secure. Due to spending limits with Google Wallet, TicketNetwork.com currently accepts Google Wallet payments on orders up to $1,800. "We're so excited to introduce Google Wallet as a new payment option for our customers," said Danielle Metcalf, site operations manager for TicketNetwork.com. "The security and ease-of-use of Google Wallet makes it a perfect fit for our website, as we constantly strive to provide a better ticket buying experience for our customers."
What is Google Wallet?
Google Wallet is a free digital wallet that securely stores credit cards, debit cards, offers and enables consumers to shop in store, buy online, and send money. In the online and mobile environment, the Google Wallet can be used for purchases on Google Play and on select Android apps and sites, wherever the 'Buy with Google' button is shown. Consumers are also able to send money to anyone in the US with an email address with the Google Wallet app or through Gmail. A Google wallet payment can be made by using the preregistered card or from preloaded wallet balance.
Google Wallet Account Creation
Consumers are able to create an Google Wallet account by simply downloading the Google Wallet app (available in Google Play and App store) or by enrolling via the Google Wallet consumer website. They can register multiple credit- and debit cards from the major card schemes including MasterCard, Visa, American Express and Discover. They can even set a nickname for easy card recognition.
Accept Google Wallet payments
Google Wallet payments work with the merchant's existing payment processor and existing infrastructure (the existing credit and debit card rails). Merchants should be able to accept Google Wallet payments via their online store or app within weeks as integration impact is limited. By implementing a Google+ sign-in along with accepting Google Wallet payments, online merchants can enable users to skip registration, enhance the whole consumer experience and minimising shopping cart abandonment. Google Wallet is currently only available in the United States for transactions using U.S. dollars, and will not work with credit or debit cards issued in another country or currency.
Google Wallet Fees
Google Wallet does not charge any additional fees to merchants for payments accepted through Google Wallet Instant Buy (the 'Buy with Google' button). Merchants pay their existing processing charges to their merchant acquirer, payment service provider or payment gateway. Consumers pay a fee in case they prefer to load their Google Wallet balance by using their credit and debit card (2.9% fee with a $0.30 minimum).
Google Wallet for Business
Secure Online Payments
With SSL-encryption and fraud monitoring, Google Wallet also provides an added level of security for online payments, which means extra peace of mind for customers as they use the PCI-compliant and EVSSL-certified TicketNetwork.com website.
Since its launch in 2007, TicketNetwork.com has helped connect thousands of live entertainment fans to the vast network of independent sellers that list tickets on the TicketNetwork® Online Exchange. The site's straightforward design allows customers to easily find, compare, and buy the most sought-after tickets to concert, sporting, and theater events worldwide. In addition to being PCI-compliant and EVSSL-certified, TicketNetwork.com offers customers a 125% money back guarantee on their purchases.
Sourced from Marketwire, March 7th, 2013 and Google Wallet website