Micropayments

A micropayment is a financial transaction involving a very small sum of money and usually one that occurs online. PayPal defines a micropayment as a transaction of less than 12 USD while Visa prefers transactions under 20 Australian dollars, and while micropayments were originally envisioned to involve much smaller sums of money, practical systems to allow transactions of less than 1 USD have seen little success.One problem that has prevented the emergence of micropayment systems is a need to keep costs for individual transactions low, which is impractical when transacting such small sums even if the transaction fee is just a few cents.
Posts about Micropayments
  • Micropayments – The Future of the Internet?

    … The internet is forever changing it seems. New websites pop up and there is constantly always new changes happening around the big websites. Google likes to try out new things all the time such as Google Glass and Google Contributor. Google Contributor was an interesting new project by Google to say the least. The idea that web users can pay…

    Will Green/ ppc.orgin Paid Search- 13 readers -
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