Amazon Offers Other Sites Use of Its Payment Service

The key details for us is pricing and here it is (it matches PayPay for most transactions and beats 'em for tiny transactions):

For Transactions >= $10:

2.9% + $0.30 for all transactions

Volume Discounts

2.5% + $0.30 for all transactions for monthly payment volume from $3k-$10k

2.2% + $0.30 for all transactions for monthly payment volume from $10k - $100k

1.9% + $0.30 for all transactions for monthly payment volume over $100k

For Transactions < $10:

5.0% + $0.05 for all transactions

This seems workable for micropayments. A $1 charge would result in $.10 fees. 10% yes, but with something like PayPal the fees would be 33%.

paypal now offer a micro payment service at .11 out of 1.00 for sales under 12 usd its beter than the 2.9% option.

this is good to know - thanks - just wondering whether paypal offers automated sales tax calculations and shipping calc?

This isn't exactly new. What is the new part they are covering in the news?

The one-click pay for of Amazon accounts on 3rd parties is new.

Hmmm