elgato
Joined: 24 Feb 2005
Posts: 17239
Location: Texas
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| Posted: Fri Jun 25, 2010 9:19 pm Post subject: PayPal Postpones New Pricing for PPX Services |
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PayPal told developers on Thursday it was delaying rollout of its new pricing for PayPal X services that it had announced last November. (This does not affect the regular PayPal fee structure.) The company said it had to make changes to its consumer checkout flow first, which is taking longer than expected. It will delay rollout of the new pricing until the fourth quarter, at which time it will be available to select US partners and developers.
The new pricing is designed to create a new set of use cases where PayPal replaces cash and checks for services such as rent, consulting businesses or payroll. The new pricing was originally scheduled to be available to U.S. developers in Q2.
Introductory pricing for the new services will be a flat fee of 50 cents for services transactions funded by a bank account or PayPal account balance, with a three-day settlement period; or a 0.75 percent fee for services transactions funded by a bank account or PayPal account balance, with instant settlement.
more.. link to news article |
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