“PayPal offers support for Micropayments to merchants for US to US, GB to GB, AU to AU, and EU to EU transactions for Business and Premier accounts. This feature is offered at a special rate of 5% + $0.05 per transaction.”
How micro can a payment be if paypal is taking 5c on each one? Maybe I’ll set up a service charging 4c and make money on the volume? http://www.bestviral.com/video/6520/snl_change_bank_2
(Link: Paypal offers Micropayments but charges 5c per?)
Uncategorized
micropayments
Three longtime media executives are building an automated system to allow newspapers and magazines to charge for online access, including an “all you can read” subscription that would allow access to multiple publications, the executives said on Tuesday.
Steven Brill, Court TV founder, is one of three media executives who want to build Journalism Online, a subscription service.
Their company, Journalism Online L.L.C., aims to supply publishers with ready-made tools to charge Internet fees, an idea that has gained currency as advertising revenue plummets, but whose prospects of success are doubted by many media analysts.
(Link: Media Executives Plan Online Service to Charge for Content – NYTimes.com)
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journalism, micropayments
