PayPal has put themselves in an enviable position on the web as of late with a 22% increase in revenues in the last year. With mobile payments on the verge of erupting into a multi-billion dollar industry in the next few years, analysts are predicting that PayPal's revenues will overtake those of eBay's Marketplace by 2014.
What make it even better is that PayPal is a very accessible partner to any online business. PayPal recently announced some new procuts that are exciting web professionals:
- PayPal for Digital Products - this is a micropayments solution that lets consumers pay for digital goods such as games, music and videos in as little a two clicks without ever leaving the publishers site. This new solution will be integrated into Facebook to make PayPal the social network's new digital goods payment method, offering users the safest, fastest and most cost-effective solution for sending and receiving micropayments of under $12.
- Mobile Payments Library - A new functionality targeting subscription businesses that will enable pre-approved, chain and split mobile payments to be process through PayPal accounts.
- PayPal Here - A mobile app that allows you to accept credit and debit cards, PayPal and checks anywhere you do business.
- PayPal Fundraising Tools - PayPal offers multiple fundraising tools to make it easy to collect donations for your favorite cause(s).
