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December 8th, 2003, 11:29 AM #1
- Join Date
- January 18th, 2005
<BLOCKQUOTE class="ip-ubbcode-quote"><font size="-1">quote:</font><HR>PayPal (Quote, Chart) wants a slice of the online music pie.
The eBay-owned (Quote, Chart) online payments platform on Monday announced it would offer reduced fees for merchants as part of a new micropayments pricing strategy created exclusively for the red-hot digital music sector.
Looking to lure online music services into offering the PayPal platform as a payment option for music subscriptions and downloads, PayPal announced the new payment processing rate of 2.5 percent plus 9 cents per transaction -- well below the average of 2.5 percent plus 30 cents per transaction now available for existing PayPal merchants.<HR></BLOCKQUOTE>
Micropayments? Paypal isn't the first to go there either, I been signed up with Paystone sometime just haven't found a use for them? Free content is it a thing of the past?
"A man is but the product of his thoughts. What he thinks, he becomes." -- Mahatma Gandhi
[edit - normal bad grammer and spelling]
[This message was edited by Buddha on December 08, 2003 at 02:52 PM.]
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