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PayPal to Offer Micropayments

Posted by CmdrTaco on from the only-a-matter-of-time dept.

lazarus corporation writes "According to a press release on shareholder.com, PayPal are introducing micropayments processing fees for digital goods. Will this allow musicians to do away with record companies completely and successfully sell their own music online?" It looks geared to be the under $2 area and not the couple of pennies area, so I think calling it "Micropayments" is a bit much, but it's something. Still amazing that in 2005 nobody has figured out a way to make it simple to charge a penny on-line.

12 of 299 comments (clear)

  1. Wrong problem by vettemph · · Score: 3, Funny

    Maybe noboby wants to sell anything for a penny.

    --
    The government which is strong enough to protect you from everything is strong enough to take everything from you.
  2. Microposts by Anonymous Coward · · Score: 5, Funny

    In related news:
    Slashdot to introduce microposts, the offers seems geared toward the anonymous cowards posting under the 2 lines area...

  3. Easy joke missed... by MosesJones · · Score: 3, Funny

    charge a penny on-line

    The phrase is SPEND a penny

    I can't believe that Slashdot editors missed such a simple and infantile joke opportunity.

    Are standards improving or slipping?

    --
    An Eye for an Eye will make the whole world blind - Gandhi
  4. Re:Charge a few pennies? by Anonymous Coward · · Score: 2, Funny

    I'll go apply for a patent on "Aggregation of currency in a leather based sheath" quickly!

  5. Millipayments by kriegsman · · Score: 4, Funny

    If micropayments are for just a few cents, shouldn't transactions in the $10-$90 range be called millipayments?

    -Mark

  6. Ask gas stations. by mshiltonj · · Score: 3, Funny

    They've figured out how to charge me 3.29 + 9/10 for a gallon of gas. 9/10 of one cent is pretty micro.

    --
    Software Wars
  7. Re:My 2 cents... by mysqlrocks · · Score: 0, Funny

    Perhaps slashdot will start charging a penny a post.

    --
    Bradley Holt
  8. It's difficult that's why by homeslice3 · · Score: 2, Funny
    Back in 2001 I signed up for a long distance provider online and got 3 cents a minute for all calls on my LAN phone. I rarely use it for LD (use my cell), so 4 1/2 years later, I've accumulated $3.11 of long distance phone calls - the provider won't run my credit card until I reach 5 bucks of charges.

    Each month I get online (no paper) bill from them telling me I'm going to get billed some day.

  9. Re:Transaction Costs by Anonymous Coward · · Score: 2, Funny

    Someone please take that man's apostrophe key away!

  10. Donations Too by Anonymous Coward · · Score: 1, Funny

    I find I don't have enough money to donate and if I do donate what I have it's absorbed up in Fees.

    I'd donate $0.02 to a few projects I like if I could (currently you'd need to donate over $10 to make it worth your while because of the fees).

  11. Re:My 2 cents... by cloudmaster · · Score: 2, Funny

    Yeah, you have subscriptions to "information" sites. Sure. :)

  12. Re:Transaction Costs by llamashoes · · Score: 2, Funny

    I have a hard time with post's like this.