micropayments - Hutchinson encyclopedia article about micropayments Printer Friendly
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micropayments

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micropayments

Payments of very small amounts of money electronically (usually over the Internet), for which credit card payment is inefficient. E-cash providers, such as Mondex, use an electronic ‘purse’ or ‘wallet’, in which a monetary value can be stored.



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Journalist Steve Outing was among those taking issue with micropayments saying the idea would just "hasten newspapers' death spiral.
Journalist Steve Outing was among those taking issue with micropayments saying the idea would just "hasten newspapers' death spiral.
The concept of micropayments would not die down completely, nor would it fully come to life.
 
 
 
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