The Fastest Online Payment Processor? It's Google (readwriteweb)
If you are thinking about changing your online payment provider, you should take a moment to look at an interesting infographic from application performance management company New Relic. Turns out the most popular provider, PayPal, isn't even close to being the fastest processor. That distinction goes to Google Checkout. PayPal has the market share, but if performance is the critical metric for your company, you might want to consider the alternatives. New Relic pulled data from more than 20,000 enterprise customers during one day in April and examined which gateways were the most often used, along with their associated transaction speeds. The company monitors 38 billion transactions every day and its larger customers include Nike, Groupon, Zynga and Intuit. As you can see from the infographic, PayPal is certainly popular, with more than 66,000 transactions and nearly 60% of the market share. But Google Checkout is the fastest, at a quarter of a second on average, and even its longest time to process a payment was a relatively speedy five seconds. (PayPal's longest time was nearly 10 seconds, which was still faster than some of the other processing gateways.) Obviously, you aren't going to choose a payment ...
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