Electronic currency

As many people buy books, CDs, and other products and services over the Internet every day, there appears a growing demand for e-micropayment technologies that enable the purchase of items and services such as MP3 music files, magazine and newspaper articles, Web-based comics, and other products.

PayLoadz's PayLoadz.com system is one of the e-micropayment products. PayLoadz, Inc. was founded in 1996 as a web development company. It is a long standing leader in the digital content and delivery sector. The privately-held company has over 60,000 registered users selling over 280,000 downloadable goods. PayLoadz is a service that sell intangible products such as softwares, e-books, digital art, manuals, articles and anything else that can be downloaded, it also manages the transactions through eBay and provides the server space to store the files.

PayLoadz operates using PayPal's online payment system and Google Checkout. PayLoadz offers two types of pricing, one is a flat monthly fee that is based on the size of sellers’ files, and another one is a fee that is a percentage of sellers’ sales, typically 15 percent. PayLoadz is a member of the PayPal Developer Advisory Board and is often a featured speaker at PayPal developer conferences. One requirement to use PayLoadz is that sellers need to have a Paypal Merchant Account which they can register themselves anytime for free. It is simple for anyone to use and works seamlessly with their PayPal account to enable them to offer digital goods available for sale from their web site or online auctions.

There are various benefits through using PayLoadz. It offers free trial for first month on all premium and corporate accounts, it also secure file storage on its servers. Besides that, it automatically deliver the sellers’ digital goods immediately after payment and sell the sellers’ products anywhere online which can at the sellers’ own site, PayLoadz Store, eBay and more.

In brief, PayLoadz is a powerful e-commerce service and it is definitely worth considering for company selling downloadable digital files.