Google launches payment platform for online content

News Broadband Global 17 FEB 2011
Google launches payment platform for online content
Google has introduced an online payment platform, dubbed 'One Pass', for digital newspapers and magazines. Google will take a 10-percent share of revenue from transactions handled by its One Pass platform. The new payment system for online content was announced by Google's CEO Eric Schmidt, in a speech at Humboldt University in Berlin. The Google One Pass service "is currently intended for periodicals, such as news and magazines, but is a flexible payment system that can be used for many other types of content.", Schmidt said. Readers who purchase from a One Pass publisher can access their content on tablets, smartphones and websites using a single sign-on with an email and password. Google's One Pass launch partners include Spanish media group Prisa, German publishers Axel Springer, Focus Online and Stern.de, and the French magazine Le Nouvel Observateur. Google's US partners are Rust Communications, publisher of the Southeast Missourian newspaper Media General, which also operates 18 television stations and 21 daily newspapers, and Bonnier, publisher of Popular Science. The Google One Pass platform is currently available for publishers in Britain, Canada, France, Germany, Italy, Spain and the US.

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