PayPal Introduces More Frictionless Virtual Goods Payment System, Facebook Included
Today at its developer conference in San Francisco, PayPal is announcing new payment products designed for virtual goods. It will allow developers to sell virtual goods within games in as little as two clicks, instead of taking users off to another page, and will include the eBay-owned company’s existing pricing for small purchases: 5 percent of the total, plus $0.05 for purchases under $12.
Facebook is also involved. PayPal says that “Facebook will integrate PayPal’s new digital goods payment flow to make PayPal the way to make purchases on Facebook.”
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