Although PayPal also offers secure credit card transactions for other online merchants, the Guest Payments program marks the first time new users have been able use the service for one-off purchases. Company officials announced plans to introduce Guest Payments and other credit card processing services to mobile developers during webinars and other events in July.
MasterCard and Nokia previously announced similar tools to help developers charge small fees for online software and information access. PayPal's Guest Payments offering seeks to extend the relationship many professional developers already have with the company, which already processes many credit card transactions for software companies.
About the Author
Joe Taylor Jr. is an internal business consultant for a Fortune 500 company, who writes about finance, culture, and design. He holds a Bachelor of Science in Communications from Ithaca College.