On August 31st, 2005, PayPal announced new Micropayments rate of 5% + $0.05 per transaction.
The rate is available now, to U.S. merchants who sell digital content to U.S. customers, when PayPal is the sole payment solution offered to customers for micropayments transactions.
Merchants who wish to use PayPal’s micropayments pricing will need to open a new PayPal account through the account registration link at the bottom of this note.
Each PayPal account is associated with only one merchant processing rate. That rate determines the fee that’s applied to funds received into that account (additional information on PayPal’s Standard Fees is available at: http://www.paypal.com/cgi-bin/webscr?cmd=_display-fees-outside ). For example: if your Premier/Business Account rate for receiving funds is 2.9% + $0.30, using PayPal’s 5% + $0.05 micropayments rate would reduce the total transaction fee charged to payments received below the value of $12 (per payment). However, if you accept payments that are greater than $12, you would pay a lower processing charge by accepting the payment into the account set with the 2.9% + $0.30 rate.
If you wish to leverage PayPal’s micropayments pricing, please open a new browser window and paste the link below into the URL field to open your new PayPal account with micropayments pricing of 5% + $0.05.
If you have further questions about the micropayments pricing, you can send questions to: firstname.lastname@example.org