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The ideal model IMO would be P2P micropayments (hopefully a web standard implemented as a browser API), where the payment processor middleman is cut out, so sma
by semolino 3y ago
The ideal model IMO would be P2P micropayments (hopefully a web standard implemented as a browser API), where the payment processor middleman is cut out, so small transactions become viable. Patreon allowing you to bundle and only be charged once for your handful of monthly subscriptions was a good half-measure and a great way to reduce the middleman's cut, but since its elimination, we're back to square one. It doesn't seem realistic to entrust an omnipresent payment provider with this, since they'll always collect a fixed amount of overhead per transaction, which will intrinsicially disincentivize smaller individual payments. But maybe I'm being overly paranoid in some aspects and naïve in others.