PayPal announced the launch of PayPal Payments, which is a single product with three tiers of functionality for small businesses in the U.S. The tiers are Standard (free), Advanced ($5 a month) and Pro ($30 a month).
Her's the full feature list of each one:
"As part of this move, we’ve dropped the word 'website' from our U.S. product names," notes Ed Eger, SVP and GM, PayPal Americas. "In the same way that Apple did when it dropped 'computer' from its name in 2007 to represent its move beyond the Mac to a comprehensive consumer electronics company, this name change represents our move away from our online heritage to the future of PayPal and the multi-channel nature of payments in the new retail environment."
PayPal has been very busy this year. It's moving into retail stores and gas stations, the company just got a new president, and it recently launched two major products in PayPal Here and PayPal Digital Wallet.