PayPal to Unveil Micropayments Product at Annual Developers Conference

Oct. 14, 2010

PayPal, which announced in August that it is planning a product to enable consumers to make online micropayments without using payment cards (CNP Report Aug. 23, 2010), confirmed in published reports last week that it will formally launch the product at its annual developer’s conference, which begins on Oct. 26 in San Francisco. The company said it will also announce at that time its partners, mostly online game publishers, that will help implement the “digital goods optimized product.” In August, PayPal CEO Scott Thompson said the product is designed to enable merchants to accept many small transactions within an online experience, which would be cost prohibitive if the user was paying with a credit or debit card.


  • CNP Fraud Attempts up 30% in 2015, EMV to Blame? - Nov. 19, 2015
    CNP Fraud Attempts up 30% in 2015, EMV to Blame?

    The volume of fraud attempts rose 30 percent from 2014 to 2015, lending support to concerns that the transition to EMV in the U.S. will shift fraud for retailers from in-store counterfeit fraud to card-not-present fraud, according to a new analysis from ACI Worldwide.

  • Square Sets Expectations for IPO - Nov. 9, 2015
    Square Sets Expectations for IPO

    Square, a pioneer for small-merchant credit-card acceptance, said it expects a price range for its initial public offering of between $11 and $13 per share, which would yield a top-end valuation of $4.2 billion, according to an SEC filing.

  • Startup Betting on Better Passwords - Nov. 2, 2015
    Startup Betting on Better Passwords

    While biometrics are gaining momentum as the next wave in authentication technology, an Athens, Ga.-based startup says passwords aren't going anywhere and that it has developed a more secure way to leverage them for online payments or account opening.

  • EC Seeking Feedback on Cross-Border VAT Rules - Oct. 1, 2015
    EC Seeking Feedback on Cross-Border VAT Rules

    The European Commission (EC) is inviting businesses, industry groups and members of the public from around the world who engage in European cross-border e-commerce to help identify ways to simplify the Value-Added Tax (VAT) on those kinds of transactions.




Sign Up Today Free

Receive the twice weekly CNP Report and monthly feature articles providing in-depth examinations of global CNP issues.

Please take a moment and register.
* First Name:

* Last Name:

* Password:

* Confirm Pwd:

* Email:

* Category:





CNP Archive

Researching companies or people in the CNP industry? Search our past coverage for targeted news and information.

Search here