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 Offers to Help Newspapers Charge for Their Content

Google, which is often in the crosshairs of newspaper publishers, thinks it can help newspaper companies get paid for their work. The search giant is planning to upgrade its existing Google Checkout payment service to handle a broad suite of billing and subscription services targeted at premium content creators like newspapers, according to a memo the company recently submitted to the Newspaper Association of America.