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PayPal to Introduce Cheaper Way to Process Small Transactions – BusinessWeek March 17, 2010

Posted by hruf in Internet & Communities.
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March 15 (Bloomberg) — PayPal Inc., the payment processor owned by EBay Inc., plans to introduce a cheaper way for businesses to handle online transactions that are less than $10, a company executive said.

PayPal will let companies accumulate so-called micropayments until a certain volume is reached, at which point PayPal will charge merchants a single processing fee, Francesco Rovetta, director of the San Jose, California-based company’s mobile unit, said in an interview. The new plan will be rolled out later this year, he said.[…]

PayPal’s standard fee for processing a transaction is about 3 percent of the transaction plus a flat rate of 30 cents. For purchases less than $10, it charges 5 percent plus 5 cents.

That means when a consumer buys a 99-cent song online, the merchant would pay PayPal about 10 cents, or 10 percent of the transaction. Under the aggregation model, PayPal wouldn’t charge the merchant until consumers bought, say, 10 or 20 songs, thereby reducing the percentage of the transaction the merchant is charged.

$30 Billion Market

The company is still working out details on how many goods must be purchased before it charges the merchant and how long it will give the merchant to aggregate purchases before a fee is levied, Rovetta said.[…]

via PayPal to Introduce Cheaper Way to Process Small Transactions – BusinessWeek.


T-Mobile adds new payment options for Android Market purchases – Android and Me December 11, 2009

Posted by hruf in Mobile & Gadgets.
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T-Mobile told us carrier billing for Android apps was coming and we speculated it could arrive by December 11. They surprised us by quietly pushing the update out last night. Beginning December 9, T-Mobile and Google began rolling out a new Android Market update which should be complete by December 30.

We have no word if rooted phones can receive this update, but my guess is no. It is also interesting that this particular update is being pushed out invisible.

If you have receive this update, please let us know. I’m working to get my hands on some actual screens right now.

Details of the update include:

  • The Market application update will be invisible to you.  No steps are necessary to receive the update!
  • To ensure that the update is received by all users T-Mobile and Google will stagger the update.  You should expect to have the Market update by 12/30/2009.
  • Once you receive the update you will be able to purchase paid applications using your credit card or your T-Mobile account.
  • Reminder: Any applications uninstalled within 24 hours will NOT be charged to your T-Mobile account or credit card.

via T-Mobile adds new payment options for Android Market purchases – Android and Me.

T-Mobile USA Will Add Its Own Channel And Carrier Billing to Android Market November 5, 2009

Posted by andre in Mobile & Gadgets.
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T-Mobile USA is increasing its investment in the Google Android platform even more, by improving the application experience, according to a keynote given by CTO Cole Brodman said this morning at Open Mobile Summit this morning in San Francisco.

The company said that in time for Thanksgiving, T-Mobile will introduce a T-Mobile Channel, which will provide recommended content for the Google Android devices. Already, T-Mobile is providing a so-called “AppPack,” which suggests 34 free and paid apps. The bigger announcement today is that T-Mobile will soon enable carrier billing, which will allow customers to buy apps using their monthly bill, rather than having to use Google Checkout. […]

Here’s what T-Mobile has witnessed in terms of myTouch consumer behavior:

  • About half myTouch users visit the Android Market at least once per day.
  • 80% of myTouch users browse the web at least once per day, and 2/3 say several times per day.
  • Nearly half of myTouch users say they have “completely customized” their myTouch.
  • More than 40% of myTouch users access social networking sites multiple times per day.

via Updated: T-Mobile USA Will Add Its Own Channel And Carrier Billing to Android Market | mocoNews