Someone introduced me to this yesterday. I think its awesome but the flaw with them is that it wont basically favour all countries and musicians as PayPal is tier only means of paying musicians. I think if they really care about musicians all over, they should consider integrating other means of payment. Some countries and regions do not support paypal withdrawals. That is the reason i love cd baby, they truly have the interest of musicians from world over at heart.
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You are right, I hope they eventually do something about it, that way they could include artists from other countries.