Paystone Launch Real Time, Online Payments to Mexico

Wednesday 20 October 2004 09:25 CET | News

Paystone has launched their Send Money to Mexico product. Paystones Send Money product enables individuals in the United States and Canada to send up to US$1,000 to a loved one in Mexico for a low fixed fee of $6.00.

The rate of small purchases is going up fast. In July, Ipsos-Insight reported that more than 10 million Americans purchased digital content for less than $2.00 in the past year, and in November the number of US purchasers in the past year was approximately 4 million. The 14 million represents an increase of over 10 million micro-purchasers since October 2003, a 350% yearly increase, demonstrating that Paystone has a growing potential customer base. Paystone has enjoyed success in the music download segment with pioneers such as Los Angeles-based American Empire Records, and Canadian music industry leader who have a rapidly growing catalogue of more than 300,000 songs from all five major record labels and a growing list of Canadian and international independents.

Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Keywords: ,
Categories: Payments & Commerce | Payments General
Countries: World
This article is part of category

Payments & Commerce

Industry Events