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Micropayments now officially supported by PayPal

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PayPal now officially supports 3 types of micropayments, which include (1) one-time micropayments, (2) pay-as-you-go, and (3) subscription models. One can make payments with two clicks of a mouse without leaving the vendor's website.

Yahoo news article:

PayPal wants to be the go-to company for digital goods in a world where micropayments are becoming increasingly popular for mobile apps, tablet versions of newspapers, and music. The company announced its micropayment system called PayPal Digital Goods is no longer in preview mode and now available to any seller of digital content.

PayPal Digital Goods allows for two-click payments without having to leave the originating site or service. The service has a low transaction fee threshold (5 percent plus 5 cents for purchases under $12), and offers one-time micropayments, pay-as-you-go, and subscription models.



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