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The Associated Press is reporting this morning that online payment service PayPal "plans to roll out a payment product by the end of the year" that will make micropayments - transactions involving small amounts of money - quicker and more seamless. The company has already dabbled in making micropayments possible with lower transaction fees, but a more seamless integration with other services could really make the micropayment model - which has gained little traction in many realms - potentially viable.
via : readwriteweb
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