If you’ve thought about selling digital content online, there’s a good chance that you’ve considered Paypal as an option for collecting the payments. Unfortunately they really haven’t been the best option for micro-transactions. That changed today when the company opened up their Paypal for digital goods program.
The program is aimed at anyone who is selling digital content online, specifically at a very low price. It will allow sellers to offer a two-click checkout process that doesn’t take customers away from their site. The transaction fees are reasonably low, coming in at 5 cents and 5% of the total price. The best part is that sellers are given the money immediately, so there is no waiting period before the cash gets deposited on your account.