[Odrl-version2]
OT: Micropayments for digital downloads introduced by Paypal
Steven Rowat
Steven_Rowat at sunshine.net
Wed Sep 7 02:46:03 EST 2005
Hi,
This not directly ODRL 2 related, but since it pertains to the sale of digital material on the Internet it may be of interest to others on this list; I found it so.
Paypal has just (Aug 31) introduced a new micropayments pricing system intended for digital downloads, such as music. See:
http://www.shareholder.com/paypal/releaseDetail.cfm?ReleaseID=171765&Category=US
The new pricing is 5% and 5 cents per transaction. This may be a watershed change, since the previous was 2% and 30 cents. The new system means the abililty to sell digital items for as little as ... 15 cents? 10 cents? - and still be making a good profit margin.
It looks like the Internet is ripe for ODRL.
I hope not overripe. :-)
steven rowat
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