Google has extended their free credit card processing until December 31st, 2007. Not only is Google’s normal commission of 2.0% + $0.20 already better than PayPal’s base level of 2.9% + $0.30, but now you can get a whole year fee-free. If you accept any non-eBay payment via PayPal now, this is a great incentive to switch. I’ve already accepted a few payments through the service, and it has been very smooth. You simply send your clients an invoice, much like you would through PayPal, and they can pay with any major credit card. Most still pay me with checks, but now I don’t have to think twice about losing 3% to fees.
As you might expect, some people are trying to use this promotion to gain free frequent flier miles and whatnot, but I’m staying clear of that. My taxes are already messy enough, without thousands of dollars running around in circles. Still, now you can pay your friends back and also earn some credit card rewards at the same time.