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PayPal to Offer Micropayments
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.
...if you can't get your money out because PayPal has seized the account?
The recent donation incident with Something Awful is a good example of this.
PayPal needs to be reeled back in a little in my opinion.
Fix the existing problems first PayPal and then I might consider using you for more than tiny purchases or minor funds transfer.
Note: I _do_ use PayPal I just don't ever accept large funds through them or keep any money in the account. It's removed as fast as it comes in.
"Bah!" - Dogbert
Will they size artist profits like Katrina's donations?