Over the past weekend I started getting orders for Business Goal Bootcamp via my Google Checkout/E-junkie configuration.

The orders that came in over the weekend were processed for payment into my bank account on Tuesday. (They automatically send it to your bank account in two days, excluding weekends and US holidays.)

Today the first payment has been deposited into my bank account – so it took another two days from the time they began the transfer.

Best of all, I got the FULL payment. They’re not going to begin taking any transaction fee’s until February 1st!

Gotta love getting ALL of you money. I only wish I had jumped on board sooner. Apparently they’ve had no transaction fee’s for over a year now. Oh well, some free money is better than no free money.

If you’ll recall from my previous post, I’d decided to use Google Checkout and E-junkie as an alternative payment processing/handling system. I set up the new payment button on my new Business Goal Bootcamp website on Friday.

I officially started getting orders this weekend. And even though I don’t have the benefit of immediate cash - (as I would with Paypal) - I have to say that I’m 100% pleased so far.

Both orders went through with no problem. With the E-junkie interface, I can see that all the downloads were completed, except for one. That buyer apparently didn’t download the file yet. In this case, I can use E-junkie to re-send the download instructions via e-mail.

Google Checkout definitely gives the impression of a more thorough order process. On the order page, there’s a Buyer credit verification section that tells you exactly what types of checks the credit card passed.

If you see the “Covered by Payment Guarantee” in that box, and you’re sending a tangible item with tracking information (either shipping or delivery, depending on the cost of the item), Google Checkout will not penalize you if a chargeback occurs. You’ll actually get to keep your money – up to $10,000 worth of chargebacks a year.

This doesn’t apply to e-books, but if you sell print material, it’s great.

Now let me make this clear, Google Checkout is only available to merchants in the US and the UK. According to the website, expansion plans are in the works.

But if you’re not in either of those two countries, 2Checkout looks like a great option. I have several customers who have nothing but good things to say about them. Plus 2Checkout interfaces with E-junkie. For my personal reference I’m going to give them a try with some of my other e-books. Of course I’ll let you know how it goes.

As I stated before, just because my Paypal fiasco is over doesn’t mean I’m sitting back in chill mode.

I took a quick 10 minutes to sign up for Google Checkout. Why Google Checkout?

Each transaction will cost you 2% + $.20, which is very competitive.

BUT if you’re an AdWords advertiser, some or even all of those fee’s are completely covered.

For every $1 you spend on AdWords, you can process $10 in sales the following month. So if you spend $100 a month on Adwords, you can use Google Checkout to process up to $10,000 on the next months orders. Hot diggity on that one!

And if you go over that amount, you’ll pay the standard 2% + $.20 per transaction.

Payouts are automatically initiated into your checking account two days after the charge goes through. Though it may take another few days for the money to actually appear in your checking account.

Keep in mind though, Google Checkout isn’t e-book sales friendly all by itself. You’ll need a go-between to help process the order properly.

And for that I chose E-junkie. E-junkie is a similar outfit to Paydotcom – (which I’ve been using since 2006). It basically manages the orders and your affiliate program.

But I like E-junkie better than Paydotcom for several reasons:

• E-junkie sends out an after-order e-mail to your customers. You can customize this e-mail to say whatever you want. Paydotcom doesn’t do this.
• E-junkie creates dynamic download links. So each customer get’s their own download link that expires after a certain period of time. Paydotcom doesn’t do that either.
• E-junkie integrates with Paypal, 2Checkout, Google Checkout, Clickbank and Authorize.net. Paydotcom only works with Paypal.
• E-junkie costs a flat rate of $5 a month. (That $5 covers up to 10 products and 50MB to house your e-book files.) Paydotcom charges $1 for products costing up to $10… $2 for products costing up to $20… and $3 for anything over $20. That’s “per transaction,” not a flat rate.
• Both services provide affiliate management. Both have marketplaces where your product can be listed.

So you figure if you get 100 sales a month at $27 each, you’ll be paying Paydotcom $300 in transaction fee’s. Versus a flat $5 a month at E-junkie… it’s a no-brainer.

I’m currently using the Google Checkout/E-junkie combo for Business Goal Bootcamp.

So I’ll let you know if I’m having any problems. But so far I think this is an extremely exciting Paypal alternative.