PayPal Micropayments
PayPal, the secure payment service on the Internet, explore new modes of transaction. In San Francisco, during his second meeting with developers, the eBay subsidiary announced a new system must solve a thorny problem: allowing small payments of less than a dollar.
Until now, these small transactions were too expensive to achieve for the vendor, because of the commission charged. "Instead of a lump sum of 15 cents and a percentage of 3.9% on the amount of the
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