Google Checkout goes live

"Google Inc. (NASDAQ: GOOG) has announced the launch of Google Checkout (http://checkout.google.com), a checkout process that makes online shopping faster, more convenient and more secure for Google users. Google Checkout offers an easy and trusted checkout option that enables shoppers to purchase from participating stores with a single Google login. It also works with Google's search advertising program, AdWords, to help merchants acquire new customers and process all or a portion of their Checkout sales for free. "

Looks like a great service and they have furthermore tied up with CitiBank
to offer additional value.

Source: Google