Google Woos Publishers With Payment Service
Google Inc. announced a new payment system for online paid content that will give newspaper and magazine publishers a significantly larger share of revenues than a rival service offered by Apple Inc.
Under the new service, called Google One Pass, Google will keep 10 percent of revenues, compared to the 30 percent cut demanded by Apple for subscriptions sold through its online store. Google’s service will also give publishers control of consumer data, something Apple has refused to do.
Subcribers to the new service can access content on any participating Web site with one username and login. The system can be used to view individual articles, for full subscriptions and other payment plans.