PayPal Introduces New Micropayments Pricing
Published September 1st, 2005
PayPal, the global online payment service, today announced new micropayments processing fees for digital goods. The new pricing will provide merchants with a more affordable way to process payments for low-cost digital content such as video games, online greeting cards, news articles, mobile phone content and digital music. PayPal’s micropayments pricing is designed to give customers the convenience of a-la-carte purchases, such as 99-cent downloadable ringtones, without having to sign up for annual subscriptions or pre-funded payment accounts. An extension of PayPal’s existing payment service for digital music providers, PayPal’s new micropayments pricing is designed especially for payments less than $2.
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