PayPal Sees Future in Micropayments

PayPal has developed a new micropayment tool set to launch later this year. This could provide media companies with an easy option to capture purchases on single articles, if they choose to select the service.

PayPal had previous tools that allowed for micropayments, but you had to first purchase $5 to $10 in credit prior to the small purchase.

As the Associated Press article announcing the PayPal’s future feature points out, these micropayment plans are nothing new.

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