Financial Times Website Turns To PayPal
Speaking at the Financial Times‘ Digital Media and Broadcasting Conference in London yesterday, Financial Times CEO John Ridding announced that FT.com would look into accepting payments for its content via PayPal.
Currently, the site charges an annual subscription fee. However, under its proposed new system, FT.com will accept payment for daily or weekly access to online content with the possibility of micropayments per article. The cost currently being considered for daily access will be approximately $3 USD, or the cost of the print Financial Times‘ UK cover price.
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