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This is news to me. Can you elaborate on their micropayment system or point to a source?
by DoreenMichele 5y ago
This is news to me. Can you elaborate on their micropayment system or point to a source?
- PaulDavisThe1st 5y agoThe fee structure is 5% + $0.05 (in the USA at least). It is beneficial up to about $12. These are not "classic micropayments" in the sense of what was being discussed in the late 1990s and early 2000s. But very beneficial if you do lots of low value transactions. https://www.paypal.com/us/webapps/mpp/merchant-fees https://www.paypal.com/us/webapps/mpp/merchant-fees (Click on "Micropayments") You cannot use both fee structures on a single PayPal account, so to use them effectively you either need (a) all transactions < $12 (b) all transactions > $12 (c) two PayPal accounts with your own software using the correct account based on the transaction amount.
- DoreenMichele 5y agoThank you.