Saturday, September 10, 2005
Paypal introduces micropayments. TFA. Article.
The usual paypal deal is 2-3% plus about 30 cents.
The new micropayment set up is five cents plus 5%. So if you charged $0.10 you'd get 0.04, $0.60 you'd get $0.52, and so forth. Paypal, at 70 million users, is the biggest online payment system (possibly amazon?) Www.e-gold.com is much smaller.
Micropayments have long been proposed as a commerce model for the web, ranging from a spam solution to a revenue source for blogs and online magazines. Are there other working systems cheaper than paypal? What are your successes or failures with micropayments? Will paypal's new arrangment help any? Credit for the link goes to brad at http://www.stripcreator.com.
The usual paypal deal is 2-3% plus about 30 cents.
The new micropayment set up is five cents plus 5%. So if you charged $0.10 you'd get 0.04, $0.60 you'd get $0.52, and so forth. Paypal, at 70 million users, is the biggest online payment system (possibly amazon?) Www.e-gold.com is much smaller.
Micropayments have long been proposed as a commerce model for the web, ranging from a spam solution to a revenue source for blogs and online magazines. Are there other working systems cheaper than paypal? What are your successes or failures with micropayments? Will paypal's new arrangment help any? Credit for the link goes to brad at http://www.stripcreator.com.
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