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AP: PayPal to Enable Micropayments

The Associated Press reports:

PayPal wants to make it easier to buy low-cost digital goods online, whether it’s a single article on a news website or virtual items in a video game.

Scott Thompson, the online payment service’s president, said Thursday that PayPal plans to roll out a payment product by the end of the year that helps businesses collect “micropayments” on the Web.

The full story can be found here.

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