Thursday, September 10, 2009

Google Plans to Offer Micropayments Service to Media Owners

Image representing Google as depicted in Crunc...

Image via CrunchBase

Jeremy Kirk

Google is promoting a payments system to the newspaper industry that would let Web surfers pay a small amount for individual news stories, an idea that could help publishers struggling with the impact of the Internet.

The plans were revealed in a document Google submitted to the Newspaper Association of America (NAA), which had solicited ideas for how to monetize content online, something some publishers have had difficulty with.

In the next year, Google plans to launch a "micropayments" feature as part of its Checkout online payments service, it said in the document. The system could allow consumers to buy a package subscription to several publications and then pay for other stories on an a la carte basis. In a separate statement, Google said on Thursday it had no specific products to announce. But in a separate statement on Thursday, Google said it had no specific products to announce yet.

"The idea is to allow viable payments of a penny to several dollars by aggregating purchases across merchants," Google said in the document.

Google Plans to Offer Micropayments Service to Media Owners - Business Center - PC World

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