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The term "micropayments" is misleading when the article's canonical examples are $12 and $19.99. My idea of a micropayment is about $0.25, so a minimum $0.05 f
by zweiterlinde 16y ago
The term "micropayments" is misleading when the article's canonical examples are $12 and $19.99.
My idea of a micropayment is about $0.25, so a minimum $0.05 fee is way too steep.
- bigiain 16y agoI dunno, anything over 18c gives you more of the sale than Apple would take with it's 30% cut through ITMS, and lots of people seem perfectly happy with that arrangement... I agree that a useable way of saying something like "give me half a penny to read the rest of this article" would be nice though..
- zweiterlinde 16y agoCompletely fair point with respect to the Apple comparison. In the long run, I envision an enormous amount of economic activity flowing through micropayments, where everyone is giving/receiving payments based on their production/consumption patterns. In that world, their rates are too high. But for the world as it currently stands, it may be ok.