Here is some big news from the gang at PayPerPost if you are interested in making money through blogging. PayPerPost has launched a new version of their website which has a number of new features available, the biggest of which is PayPerPost Direct.

How PayPerPost Direct works is that it allows advertisers to directly approach Posties to get them to write special posts just for them. You the blogger get in simple terms to specify the minimum amount you want to be paid for these direct opportunities and stick a widget on your blog. When an advertiser finds your blog and wants you to write something for them they click on the widget and make an offer.

The really cool thing about the PayPerPost Direct system is that it contains a full negotiation and transaction auditing system which means Posties and Advertisers can negotiate on the post they want with no involvement from PayPerPost other than providing a secure environment for both parties with escrow services to ensure you get paid for your work.

Now the thing I really like is the cut that PayPerPost is taking. While some services like ReviewMe and similar charge 50-100% of the price to facilitate the service. So effectively you as the blogger can be getting only half the money the advertiser is charging for the post and the site is in turn taking 50%. With the PayPerPost service you are being charged 10% of the total price which covers 5% for their costs and 5% for the PayPal costs. For that you get security of their escrow like service and facilitation of them finding you and sponsoring the posts.

In the next couple of days I will be adding the widgets to my blogs. Its simply a better way of doing business!