PayPal to Offer Micropayments

Posted by CmdrTaco on Tuesday September 6, 2005 @12:36AM 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.

2 of 299 comments (clear)

Microposts by Anonymous Coward · 2005-09-06 00:43 · Score: 5, Funny

In related news:
Slashdot to introduce microposts, the offers seems geared toward the anonymous cowards posting under the 2 lines area...
Millipayments by kriegsman · 2005-09-06 00:44 · Score: 4, Funny

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

-Mark