PayPal may release a micropayment service before the year ends if reports are accurate. President Scott Thompson is said to have indicated as much.
It has already been an interesting year for PayPal, with a great deal of emphasis on mobile endeavors. Recently, the company extended the bump technology of its iPhone app to Android, and its PayPal X Platorm has opened up a lot of opportunities for third-party developers. In June, it launched a Guest Payments feature, allowing credit card acceptance within apps.
Micropayments, particularly through mobile channels are bound to become much more in demand with the rise of virtual gifts, online news experiments, tablets, and mobile use in general.
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