Feeds

Spotify adds PayPal in bid for profitability

Targeting teens

The Power of One Infographic

Spotify today encouraged more of its users to pay for premium services by integrating PayPal.

Previously Spotify only accepted Visa and Mastercard.

Adding PayPal will open subscription to many more users, particularly under-18s who aren't eligible for a credit card. PayPal payments can be directly linked to bank accounts.

The venture-funded jukebox service faces a battle to convert tens of thousands of non-paying users into £9.99 per month subscribers. Revenues from the advertising Spotify inserts into free streams are understood to be very low.

Earlier this month Spotify closed its doors to new non-payers, citing "huge demand", but would-be users can skip the queue by agreeing to subscribe from the off.

Spotify's biggest hopes of profitability are pinned on its iPhone and Android mobile apps, which allow on demand streaming and caching on the move. They're only available to paying subscribers. ®

Mobile application security vulnerability report

More from The Register

next story
Airbus promises Wi-Fi – yay – and 3D movies (meh) in new A330
If the person in front reclines their seat, this could get interesting
UK Parliament rubber-stamps EMERGENCY data grab 'n' keep bill
Just 49 MPs oppose Drip's rushed timetable
Want to beat Verizon's slow Netflix? Get a VPN
Exec finds stream speed climbs when smuggled out
Samsung threatens to cut ties with supplier over child labour allegations
Vows to uphold 'zero tolerance' policy on underage workers
Dude, you're getting a Dell – with BITCOIN: IT giant slurps cryptocash
1. Buy PC with Bitcoin. 2. Mine more coins. 3. Goto step 1
US freemium mobile network eyes up Europe
FreedomPop touts 'free' calls, texts and data
Big Blue Apple: IBM to sell iPads, iPhones to enterprises
iOS/2 gear loaded with apps for big biz ... uh oh BlackBerry
Price cuts, new features coming for Office 365 small biz customers
New plans for companies with up to 300 staff to launch in fall
prev story

Whitepapers

Top three mobile application threats
Prevent sensitive data leakage over insecure channels or stolen mobile devices.
The Essential Guide to IT Transformation
ServiceNow discusses three IT transformations that can help CIO's automate IT services to transform IT and the enterprise.
Mobile application security vulnerability report
The alarming realities regarding the sheer number of applications vulnerable to attack, and the most common and easily addressable vulnerability errors.
How modern custom applications can spur business growth
Learn how to create, deploy and manage custom applications without consuming or expanding the need for scarce, expensive IT resources.
Consolidation: the foundation for IT and business transformation
In this whitepaper learn how effective consolidation of IT and business resources can enable multiple, meaningful business benefits.