PayPal Aims to be the Leader in Micropayments

[the_poet]

PayPal Digital Goods allows for two-click payments without having to leave the originating site or service. The service has a low transaction fee threshold (5 percent plus 5 cents for purchases under $12), and offers one-time micropayments, pay-as-you-go, and subscription models. Carey Kolaja writing on PayPal's blog claims the fee structure is lower than those typically charged by payment processors in the digital goods industry, and, as always, payments are automatic and funds are immediately accessible.

Read more...