PayPal hopes to make micropayments easier online

By Associated Press
Posted Aug. 13, 2010 at 10:33 a.m.

The online payment service PayPal wants to make it easier to buy low-cost digital goods online, whether it’s a single article on a news website or virtual items in a video game. Scott Thompson, PayPal’s president, said Thursday that the service plans to roll out a payment product by the end of the year that helps businesses collect “micropayments” on the Web.


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