eBay rejects Google checkout

eBay may be harming itself by announcing that it would not be accepting Google checkout as a payment method say industry analysts. On July 6 eBay said it would not be accepting the new payment method which was announced recently. eBay says that Google Checkout and about three dozen other alternative payment methods are unacceptable and that new payment methods must have a proven track record of safety and security for the retailer and customer. Credit cards, debit cards, bank-to-bank transfers, PayPal and Paymate remain accepted payment methods on eBay.