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Any new micropayments venture must (to me) justify in detail in the first sentence how their idea solves the fundamental problems surrounding micropayments. Oth
by bkudria 17y ago
Any new micropayments venture must (to me) justify in detail in the first sentence how their idea solves the fundamental problems surrounding micropayments. Otherwise, I'm inclined to think it's just another gimmick.
Micropayments suddenly turn your casual users into customers, even for 2 cents, and the nature of the relationship drastically changes. Keep casual readers is one thing, retaining customers is a much larger problem. I have yet to see a micropayments scheme that addresses this.
- ivankirigin 17y agoThey do aggregation.
- schammy 17y agoTo us, the fundamental problem with micropayments is that they're a pain in the ass. Your flow is interrupted every time you have to authorize a 5 cent charge to view a piece of content. This doesn't work, never will. Contenture's system is fully automated. You pay a small monthly fee of 5.99 (which the sites get 80% of), and we automatically distribute that money to the sites you visit based on how often you visit them. While there are drawbacks to this sytem, certainly, we feel the advantage of a fully automated system vastly outweights any of that.